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of <h1>Definition of 'Recognised Clearing Corporation' Under Section 4 & 8A of Securities Contracts Regulations 2018</h1> The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, define a 'recognised clearing corporation' as one that is acknowledged by the Board pursuant to section 4 in conjunction with section 8A of the Act. This definition is part of the broader regulatory framework governing securities contracts, stock exchanges, and clearing corporations, ensuring standardized operations and compliance with the Income-tax Act, 1961. These regulations establish the foundational terms and conditions under which financial entities operate within the securities market, focusing on maintaining order and transparency.
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