Regulation 8 - Conditions of certificate and validity period - Securities and Exchange Board of India (Self Regulatory Organisations) Regulations, 2004

Conditions of certificate and validity period. 8. (1) The certificate granted under regulation 5 shall be, subject to the following conditions, namely: - (a) the applicant shall comply with the provisions of the Act, applicable regulations and guidelines, directions or circulars issued by the Board from time to time; (b) any information or particulars furnished to the Board by the applicant shall not be false or misleading in any material respect; (c) where any material information or particulars furnished to the Board by the applicant, in or in connection with the application for recognition, has undergone change subsequent to its furnishing, the applicant shall forthwith inform the fact to the Board in writing; (2) The certificate of recognition shall be valid for a period of five years.