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of <h1>Finance Bill 2015 amends Securities Contracts Act, modifies Section 18A to allow government to notify derivative contracts.</h1> Clause 161 of the Finance Bill, 2015 proposes an amendment to the Securities Contracts (Regulation) Act, 1956. It seeks to modify Section 18A by designating the existing provision as sub-section (1) and introducing a new sub-section (2). This addition empowers the Central Government to notify contracts in derivatives, subject to the conditions outlined in sub-section (1).
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