Recognised clearing corporation definition requires Board recognition under section 4 read with section 8A of the Act. Regulation 2(1)(p) defines "recognised clearing corporation" as a clearing corporation which is recognized by the Board under section 4 read with section ... Summary
Recognised clearing corporation definition requires Board recognition under section 4 read with section 8A of the Act.
Regulation 2(1)(p) defines "recognised clearing corporation" as a clearing corporation which is recognized by the Board under section 4 read with section 8A of the Act, establishing that regulatory status for clearing corporations depends on Board recognition within the statutory framework.
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