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Notification dated 30/7/02 - Bi-monthly Meetings of Trustees, Compensation to Investors/Schemes due to variation in NAVs

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..... nit Trust of India Association of Mutual Funds in India Dear Sirs, We are enclosing a copy of the gazette notification no. 686 dated July 30, 2002 pertaining to SEBI (Mutual Funds) (Third Amendment) Regulations, 2002 for your information and implementation. Yours faithfully, P. K. NAGPAL THE GAZETTE OF INDIA EXTRAORDINARY .....

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..... ette. 2. In the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 : - (i). In THIRD SCHEDULE, for clause 20, the following clause shall be substituted, namely: - 20. The Trust Deed shall state that a meeting of the trustees shall be held atleast once in every two calendar months and atleast six such meetings shall be held in every year. (ii). In .....

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..... units, asset management company shall pay the difference in amount to the scheme. The asset management company may recover the difference from the investors. [F. No. SEBI/LGL/14082/2002] G.N. BAJPAI CHAIRMAN Foot notes : The principal regulations, SEBI (Mutual Funds) Regulations, 1996 were issued under S.O No. 856(E) dated December 9, 1996 publ .....

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..... (j) On July 23, 2001 by SEBI (Mutual Funds) (Second Amendment) Regulations, 2001 vide S.O. no. 698 (E). (k) On February 19, 2002 by SEBI (Mutual Funds) (Amendment) Regulations, 2002 vide S.O no. 219 (E). (i) On June11, 2002 by SEBI (Mutual Funds) (Second Amendment) Regulations, 2002 vide S.O no. 625 (E). - Circular - Trade Notice - Public Notice - Instructions - Of .....

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