Part XIVAMENDMENTS TO CERTAIN ACTS TO PROVIDE FOR MERGER OF TRIBUNALS AND OTHER AUTHORITIES AND CONDITIONS OF SERVICE OF CHAIRPERSONS, MEMBERS, ETC. (From Section 156 to Section 189 )
Definitions expansion adds Judicial and Technical Member roles and recognizes insurance and pension regulators under SEBI Act. Amendments to section 2(1) of the SEBI Act insert definitions: Insurance Regulatory and Development Authority and Pension Fund Regulatory and Development ... Summary
Definitions expansion adds Judicial and Technical Member roles and recognizes insurance and pension regulators under SEBI Act.
Amendments to section 2(1) of the SEBI Act insert definitions: Insurance Regulatory and Development Authority and Pension Fund Regulatory and Development Authority as the sectoral regulators established under their statutes; and define Judicial Member (including the Presiding Officer) and Technical Member as members appointed under the Securities Appellate Tribunal provisions and the Act's technical-member provision, respectively.
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