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of <h1>Section 30A of the Securities Contracts Act: Special Provisions for Commodity Derivatives and Government Exemptions Explained.</h1> Section 30A of the Securities Contracts (Regulation) Act, 1956, addresses special provisions related to commodity derivatives. It states that non-transferable specific delivery contracts are generally exempt from the Act's provisions unless they involve organizing or participating in associations providing performance facilities without actual delivery. The Central Government can issue notifications to exempt certain transferable specific delivery contracts in designated areas from the Act's provisions. Additionally, the government may apply the Act's provisions to non-transferable specific delivery contracts if deemed necessary for trade or public interest, specifying the applicable conditions and extent.
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