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          <h1>Regulation 21 on Certificate Validity Omitted: Certificates Issued or Renewed Under Regulation 20/22 Were Valid for 5 Years.</h1> Regulation 21 of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, originally detailed the period of validity for a certificate of registration. Before its omission, it specified that the certificate issued under regulation 20 or renewed under regulation 22 would be valid for five years from the date of issuance or renewal.

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