Rules and Regulations
promulgated
under the
Investment Company Act of 1940
Rule 60a-1 -- Exemption for Certain Business Development Companies
Section 12(d)(1) (A) and (C) of the Act
shall not apply to the acquisition by a business development company of the securities
of a small business investment company licensed to do business under the Small
Business Investment Act of 1958 which is operated as a wholly-owned subsidiary
of the business development company.
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