Certain provisions not to apply

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..... nty five per cent. of its profits every year to the Fund, of the recognised clearing corporation(s) which clears and settles trades executed on that stock exchange shall not be applicable to the stock exchanges operating in IFSC. (2) The provision of Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996 that every depository shall credit twenty five per cent. .....

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..... ies, stock exchanges, clearing corporations operating in IFSC shall adopt the broder principles of governance prescribed by International Organization of Securities Commissions (IOSCO) and principles for Financial Market Infrastructures (FMI) and such other governance norms as may be specified by the Board, from time to time. - - statute, statutory provisions legislation, law, enactment, Acts, .....

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