Merger of trusts under first regime with second regime ((Rationalisation of the provisions of Charitable Trusts and Institutions))

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..... first is contained in the provisions of sub-clause(s) (iv), (v), (vi) or (via) of clause (23C) of section 10 . The second is contained in the provisions of sections 11 to 13 of the Act . The provisions of the respective regimes lay down the procedure for filing application for approval/ registration, the conditions subject to which such approval/ registration shall be granted or can be withdrawn e .....

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..... ant provisions of the first regime itself. Approved trusts, funds or institutions would continue to get the benefit of exemption, as per the provisions of sub-clauses (iv), (v), (vi) or (via) of clause (23C) of section 10 , till the validity of the said approval. They would be eligible to apply for registration, subsequently, under the second regime. Amendments have accordingly been proposed in se .....

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