BOYAR VALUE FUND INC
N-8A, 1997-06-13
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM N-8A

                          NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF THE
                         INVESTMENT COMPANY ACT OF 1940



                The   undersigned   investment   company  hereby   notifies  the
Securities and Exchange  Commission  that it registers under and pursuant to the
provisions  of  Section  8(a)  of the  Investment  Company  Act of  1940  and in
connection  with  such  notification  of  registration   submits  the  following
information:



Name:   BOYAR VALUE FUND, INC.

        Address of Principal Business Office (No. & Street, City, State, Zip
Code):

                               590 Madison Avenue
                            New York, New York 10022

Telephone Number (including area code):  (212) 409-2000

        Name  and  address  of  agent  for  service  of process:

                                Jay R. Petschek
                            Boyar Value Fund, Inc.
                              590 Madison Avenue
                           New York, New York  10022


                                   Copies to:

                            Daniel Schloendorn, Esq.
                            Willkie Farr & Gallagher
                               One Citicorp Center
                              153 East 53rd Street
                            New York, New York 10022

Check Appropriate Box:

         Registrant is filing a Registration Statement pursuant to Section 8(b)
of the Investment Company Act of 1940 concurrently with the filing of Form
N-8A:  Yes x        No  o


<PAGE>




                                   SIGNATURES


                Pursuant to the  requirements  of the Investment  Company Act of
1940, the registrant has caused this  notification  of  registration  to be duly
signed  on its  behalf in the City of New York and State of New York on the 13th
day of June, 1997.




                                              BOYAR VALUE FUND, INC.




                                              By:  /s/  Mark A. Boyar
                                                   Name:  Mark A. Boyar
                                                   Title:  Chairman and Chief
Executive Officer


ATTEST:


  /s/ Serge Benchetrit
Name:  Serge Benchetrit




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