No.SEBI/LAD-NRO/GN/2015-16/032. -In exercise
of the powers conferred
by Section 30 of
the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with
Section 25 of the Depositories Act, 1996 (22 of 1996), the Board hereby
makes the following Regulations to further amend
the
Securities
and
Exchange
Board
of
India
(Depositories and Participants)
Regulations, 1996, namely:-
1. These Regulations may be called the Securities and Exchange Board of India (Depositories
and Participants) (Amendment) Regulations, 2016.
2.
They shall be deemed to have
come into force from September
11, 2012.
3. In the Securities and Exchange Board of India (Depositories and Participants) Regulations,
1996, in Regulation 53C,sub
-regulation (2) shall be substituted with the following, namely-
“(2) Every depository shall credit five per cent or
such percentage as may
be specified by the Board, of its profits from
depository operations every year to the Investor Protection Fund.”
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 15,000 Members, Free/Easy/Comfortableway
