Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2012 Chapter V GOVERNANCE OF STOCK EXCHANGES AND CLEARING CORPORATIONS
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Transfer of profits requires stock exchanges to credit part of annual profits to clearing corporation fund. Regulation requires recognised stock exchanges to annually credit a specified portion of their profits to the Fund of the recognised clearing ... Summary
Transfer of profits requires stock exchanges to credit part of annual profits to clearing corporation fund.
Regulation requires recognised stock exchanges to annually credit a specified portion of their profits to the Fund of the recognised clearing corporation(s) that clear and settle trades executed on those exchanges, establishing a mandatory recurring contribution to support clearing and settlement infrastructure.
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