Commencement provisions for securities law amendments establish deemed and notified commencement dates for different groups of provisions. The Securities Laws (Amendment) Act, 2014 amends the SEBI Act, the Securities Contracts (Regulation) Act and the Depositories Act and establishes a tiered ... Summary
Commencement provisions for securities law amendments establish deemed and notified commencement dates for different groups of provisions.
The Securities Laws (Amendment) Act, 2014 amends the SEBI Act, the Securities Contracts (Regulation) Act and the Depositories Act and establishes a tiered commencement scheme: specified provisions are deemed to have come into force on two earlier dates, while other provisions will come into force on such date as the Central Government appoints by notification in the Official Gazette.
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