Applicability

19W. (1) The provisions of this Chapter shall apply only to migrated venture capital funds and schemes launched by such migrated venture capital funds.

(2) All other provisions of these regulations, except the following provisions and the guidelines and circulars issued under these regulations, unless the context otherwise requires or is repugnant to the provisions of this Chapter, shall apply to the migrated venture capital fund, its trustee, trustee company, directors of the trustee company, directors of the migrated venture capital fund, as the case may be, sponsor, if any, Manager, if any, and investors:

(i) clause (p), (w), of sub-regulation (1) of regulation 2;

(ii) sub-regulation (5) of regulation 3;

(iii) regulation 4;

(iv) sub-regulation (2),

(4) and (5) of regulation 6;

(v) sub-regulation (2) of regulation 7;

(vi) regulations 9, 10, 11, 12, 13, 14, 15, 16;

(vii) sub-regulation (11), (11A),

(15) (17),

(18) and (19) of regulation 20;

(viii) sub-regulations (2), (3),

(4) and (5) of regulation 23; and

(ix) sub-regulation (2) of regulation 27.