Amendment in the Securities Contracts (Regulation) Rules, 1957, in rule 8. - G.S.R. 21(E) - SEBI

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 16th January, 2014 G.S.R. 21(E).- In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) , the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957 , namely:- 1. (1) These rules may be called the Securities Contracts (Regulation) (Amendment) Rules, 2014. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Securities Contracts (Regulation) Rules, 1957 , in rule 8 ,- (a) in sub-rule (1) in clause (f), in the second proviso, for the words, brackets and letters, item (a) to (k) , words, brackets and letters, items (a) to (n) shall be substituted; (b) in sub-rule (3), in clause (f), in sub-clause (iii), for the words brackets and letters, items (a) to (k) , words, brackets and letters, items (a) to (n) shall be substituted; (c) in sub-rule (4), in clause (iii), in the proviso, - (i) for item (c), the following item shall be substituted, namely:- (c) any insurance company granted registration by the Insurance Regulatory Development Authority under the Insurance Act, 1938 (4 of 1938) ; (ii) item (d) shall be omitted; (iii) after item (k), the following items shall be inserted, namely- (l) Central Board of Trustees, Employees' Provident Fund, established under the Employees Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952); (m) any pension fund registered or appointed or regulated by the Pension Fund Regulatory and Development Authority under the Pension Fund Regulatory And Development Authority Act, 2013 (23 of 2013); and (n) any Standalone Primary Dealers authorised by the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934). [F.No. 1/17/SM/2012-part] MANOJ JOSHI, Jt. Secy. (Financial Markets) Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, vide number S.R.O. 576, dated the 21st February, 1957 and subsequently amended vide the following numbers:- (i) G.S.R. 1096, dated the 14th July, 1967; (ii) G.S.R. 685, dated the 3rd June, 1972; (iii) G.S.R. 959, dated the 8th August, 1972; (iv) G.S.R. 2641, dated the 1st November, 1975; (v) G.S.R. 1083, dated the 11th November, 1985; (vi) G.S.R. 1070 (E), dated the 15th November, 1988; (vii) G.S.R. 666 (E), dated the 20th July, 1987; (viii) G.S.R. 870 (E), dated the 13th November, 1992; (ix) G.S.R. 617 (E), dated the 20th September, 1993; (x) G.S.R. 749 (E), dated the 12th October, 1994; (xi) G.S.R. 790 (E), dated the 7th November, 1994; (xii) G.S.R. 121 (E), dated the 9th March, 1995; (xiii) G.S.R. 291 (E), dated the 27th March, 1995; (xiv) G.S.R. 581 (E), dated the 23rd December, 1996; (xv) G.S.R. 654 (E), dated the 8th August, 2000; (xvi) G.S.R. 415 (E), dated the 7th June, 2001; (xvii) G.S.R. 696 (E), dated the 28th August, 2003; (xviii) G.S.R. 395 (E), dated the 10th June, 2009; (xix) G.S.R. 469 (E), dated the 4th June, 2010; (xx) G.S.R. 662 (E), dated the 9th August, 2010; and (xxi) G.S.R. 705 (E), dated the 24th October, 2013.