Formation Cost and its Treatment. 9.4.1 All expenses (subject to limit imposed by the Regulation as amended from time to time) incurred in connection with the incorporation, establishment and registration of the Fund (formation cost) as per Regulations, shall be reimbursable by the Fund to the Management Company subject to audit of expenses. The said formation cost will be amortized by the Fund over a period of not less than five years.
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Samples: www.nbpfunds.com, www.nbpfunds.com, www.nbpfunds.com
Formation Cost and its Treatment. 9.4.1 All expenses (subject to limit imposed by the Regulation as amended from time to time) incurred in connection with the incorporation, establishment and registration of the Fund (formation cost) as per Regulations, shall be reimbursable by the Fund to the Management Company subject to audit of expenses. The said formation cost will be amortized by the Fund over a period of not less than five years.
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Samples: www.nbpfunds.com