Chapter VIIRIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA )
Exclusion of government issuers: Chapter provisions do not apply when State or Central Government issues government securities. The Chapter contains a categorical issuer exception: its provisions shall not apply to the State or the Central Government when either acts as the issuer ... Summary
Exclusion of government issuers: Chapter provisions do not apply when State or Central Government issues government securities.
The Chapter contains a categorical issuer exception: its provisions shall not apply to the State or the Central Government when either acts as the issuer of government securities, thereby excluding sovereign issuers from the Chapter's compliance and inspection requirements under the Depositories and Participants regulatory framework.
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