Regulation 5A - Power of the Board to extend time in respect of related persons - Securities and Exchange Board of India (Central Database Of Market Participants) Regulations, 2003

1 [Power of the Board to extend time in respect of related persons 5A.(1) Where the Board is satisfied that it is necessary, in order to prevent genuine hardship, that the time for obtaining unique identification numbers has to be extended beyond the date notified under regulations 4 or 5, as the case may be, in respect of any class of related persons of specified intermediaries or specified listed companies, it may by notification in the Official Gazette, specify a date within which such class of related persons ought to obtain unique identification numbers. (2) Where any person belonging to such class of related persons does not obtain unique identification number within the date notified under sub-regulation (1), the prohibitions contained in sub-regulation (1) of regulation 4 or regulation 5, as the case may be, shall apply to the concerned specified intermediary or specified listed company.] ******* 1 Inserted by the SEBI (Central Database of Market Participants) (Amendment) Regulations, 2004, vide S.O.No. 854(E) dated 21-7-2004