Regulation 16A - Power of the Board to issue clarifications
Securities and Exchange Board of India (Central Database Of Market Participants) Regulations, 2003 Chapter III GRANT AND REVOCATION OF UNIQUE IDENTIFICATION NUMBERS
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Power to issue clarifications enables regulatory board to publish circulars and notes resolving application and interpretation difficulties. Regulation 16A authorises the Board to issue clarifications and guidance in the form of circulars or notes to remove difficulties in the application or ... Summary
Power to issue clarifications enables regulatory board to publish circulars and notes resolving application and interpretation difficulties.
Regulation 16A authorises the Board to issue clarifications and guidance in the form of circulars or notes to remove difficulties in the application or interpretation of the Central Database of Market Participants regulations; it was inserted by a later amendment to provide an administrative mechanism for expository guidance.
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