Provisions applicable to commodity derivatives exchanges

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..... lations in the manner and within the timelines as specified by the Board: Provided that- (a) a commodity derivatives exchange may continue with the existing arrangement for clearing and settlement of trades for a period not exceeding three years from the date of commencement of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2015, and till .....

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..... ed penalties to its Settlement Guarantee Fund and other penalties to its Investor Protection Fund and every regional commodity derivatives exchange shall credit all penalties to its Settlement Guarantee Fund till such time as may be specified by the Board. (2) Every commodity derivatives exchange shall ensure guarantee for settlement of trades including good delivery. ] ********* Notes 1. Inserted .....

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