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        F. Acts / Amendment Acts

        Section 133 - Commencement and amendment of Act 42 of 1956- Amendment of section 2

        Finance Act, 2015
        Part II
        AMENDMENTS TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956

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        Commodity derivatives expanded: new statutory definitions and contract categories govern ready delivery and specific delivery contracts. Amendment incorporates commodity derivatives into the securities contracts statute, defines 'goods' and 'commodity derivative' (delivery contracts and contracts for differences in notified goods or indices), and creates contract categories: 'ready delivery contract' (immediate or near-immediate delivery, excluding contracts settled by difference), 'specific delivery contract' (future actual delivery naming buyer and seller), and its transferable and non-transferable variants, with commencement by government notification.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Commodity derivatives expanded: new statutory definitions and contract categories govern ready delivery and specific delivery contracts.

                                Amendment incorporates commodity derivatives into the securities contracts statute, defines "goods" and "commodity derivative" (delivery contracts and contracts for differences in notified goods or indices), and creates contract categories: "ready delivery contract" (immediate or near-immediate delivery, excluding contracts settled by difference), "specific delivery contract" (future actual delivery naming buyer and seller), and its transferable and non-transferable variants, with commencement by government notification.


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