Section 1 - Short title, extent and commencement - Securities Contracts (Regulation) Act, 1956

SECURITIES CONTRACTS (REGULATION) ACT, 1956 [42 OF 1956] [4th September, 1956] An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, 1 [***] by providing for certain other matters connected therewith. BE it enacted by Parliament in the Seventh Year of the Republic of India as follows: PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Securities Contracts (Regulation) Act, 1956. (2) It extends to the whole of India. (3) It shall come into force on such date 2 as the Central Government may, by notification in the Official Gazette, appoint. ************** 1. Words by prohibiting options and omitted by the Securities Laws (Amendment) Act, 1995, w.e.f. 25-01-1995. 2. 20-2-1957 vide SRO 528, dated 16-02-1957, published in the Gazette of India, Extra., Pt. II, Sec. 3, p. 549, dated 16-02-1957.