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What is the validity period of sub-account registration?

April 26, 2017period registration sub-account validity

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What is the validity period of sub-account registration?

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The registration of the sub-account is concurrent with the FII with which it is registered and the registration of the sub-account expires with the expiry of registration of the FII with which it is registered. Further, if the registration of the FII is suspended/cancelled, the registration of its sub-account is also suspended/ cancelled as the case may be.