Regulation 33 - Regulation - COLLECTIVE INVESTMENT SCHEMES OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 - Regulation 33 - Transfer of units 33. (1) A unit certificate issued under the 1[collective investment scheme] shall be freely transferable. (2) The Collective Investment Management Company shall, on production of instrument of transfer together with relevant unit certificates, register the transfer and return the unit certificate to the transferee within thirty days from the date of such production. Provided that if the units are held in a depository such units shall be transferable in accordance with the provisions of the Securities and Exchange

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