Regulation 30 - Statutory committees - Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018

Statutory committees 30. (1) The depository shall constitute the committees as per sub-regulation (2) 3 [,] sub-regulation (3) 4 [ and sub-regulation 3A ] . (2) Functional committee, 10 [ consisting of ] : (a) Member 1 [****] committee; 5 [ and ] 6 [ **** ] (c) Nomination and remuneration committee. (3) Oversight committees, 10 [ consisting of ] : (a) Standing committee on technology; 7 [ **** ] (c) Regulatory oversight committee; and (d) Risk management committee. 8 [ (3A) Investment Committee. ] 9 [ (4) The composition, quorum and functions of the committees under sub-regulation (2), (3) and (3A) shall be in the manner as specified by the Board from time to time. ] ************ NOTES:- 1. Omitted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/20 dated 04-06-2019 before it was read as selection 2. Omitted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/20 dated 04-06-2019 before it was read as Investor 3. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/125 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette) before it was read as, and 4. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/125 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette) 5. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/125 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette) 6. Omitted vide Notification No. SEBI/LAD-NRO/GN/2023/125 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette) before it was read as, (b) 2 [****] grievance redressal committee; and 7. Omitted vide Notification No. SEBI/LAD-NRO/GN/2023/125 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette) before it was read as, (b) Advisory committee; 8. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/125 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette) 9. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/125 dated 28-02-2023 (shall come into force on the one hundred and eightieth day from the date of their publication in the Official Gazette) before it was read as, (4) The composition, quorum and functions of the committees under sub-regulation (2) and sub-regulation (3) shall be in the manner as specified by the Board from time to time. 10. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/147 dated 22-08-2023 before it was read as, comprising of