Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2012 Chapter II RECOGNITION OF STOCK EXCHANGES AND CLEARINGCORPORATIONS
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Renewal of recognition requires exchanges and clearing corporations to reapply under grant provisions and maintain continuous compliance. Regulation 12 requires that renewal of recognition for recognised stock exchanges and recognised clearing corporations follow the same provisions as grant ... Summary
Renewal of recognition requires exchanges and clearing corporations to reapply under grant provisions and maintain continuous compliance.
Regulation 12 requires that renewal of recognition for recognised stock exchanges and recognised clearing corporations follow the same provisions as grant of recognition; clearing corporations must apply in Form A of Schedule I at least three months before expiry, pay fees equivalent to those payable by stock exchanges, and maintain continuous compliance with the applicable conditions of regulation 7.
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