Regulation 2 - Definitions - Securities and Exchange Board of India (Self Regulatory Organisations) Regulations, 2004

Definitions 2. (1) In these regulations, unless the context otherwise requires, - (a) Act means the Securities and Exchange Board of India Act, 1992 (15 of 1992); (b) Board means the Securities and Exchange Board of India established under section 3 of the Act; (c) agent means any person who is associated with securities market and who conducts the business of distribution of securities products; (d) certificate means a certificate of recognition granted to a Self Regulatory Organization by the Board under sub-regulation (1) of regulation 5 and includes a certificate renewed under regulation 9; (e) company means a company which has been granted license under section 25 of the Companies Act, 1956 (1 of 1956); 1 [(ea) distributor means distributor as defined in clause (g) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007;] (f) economic offence means an offence to which the Economic Offences (Inapplicability of Limitation) Act, 1974 (12 of 1974), is applicable for the time being and includes an offence under the Securities and Exchange Board of India Act, 1992, Securities Contracts (Regulation) Act, 1956 and Depositories Act, 1996; (g) governing norms mean the governing norms of a Self Regulatory Organization made in accordance with sub-regulation (1) of regulation 15; 2 [(h) intermediary means intermediary as defined in clause (g) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008;] 3 [(ha) issuer means issuer as defined in clause (i) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007;] (i) member means an intermediary who has been admitted as a member of a Self Regulatory Organization and includes an agent who has been so admitted; (j) office bearer in relation to a Self Regulatory Organization means its Chairman, Managing Director, any whole time director or Chief Executive Officer, by whatever name called, and includes any person named as such by the Self Regulatory Organization in its application for grant or renewal of recognition made under these regulations; (k) Self Regulatory Organization means an organization of intermediaries which is representing a particular segment of the securities market and which is duly recognised by the Board under these regulations, but excludes a stock exchange. (2) Words and expressions used and not defined in the regulations, but defined in the Act, shall have the meanings respectively assigned to them in the Act. ************* NOTES:- 1 Inserted by the SEBI (Self Regulatory Organizations) (Amendment) Regulations, 2013 w.e.f. 07.01.2013. 2 Substituted by the SEBI (Self Regulatory Organizations) (Amendment) Regulations, 2013 w.e.f. 07.01.2013. Prior to its substitution, clause (h) read as under:, (h) intermediary means any person who is registered with the Board under section 12 of the Act; 3 Inserted by the SEBI (Self Regulatory Organizations) (Amendment) Regulations, 2013 w.e.f. 07.01.2013