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          <h1>Securities and Exchange Board of India Defines Key Terms in Vault Management for Gold Trading Under 2021 Regulations</h1> The Securities and Exchange Board of India (Vault Managers) Regulations, 2021, provides definitions for key terms related to vault management of gold for trading purposes. It defines 'Vault Manager' as an entity providing vaulting services, including storage and safekeeping of gold, and facilitating trading through Electronic Gold Receipts. The regulation specifies roles such as 'Accredited refineries,' 'Assayer,' and 'Depositor,' and explains concepts like 'Change in control' and 'Recognized vault.' It also clarifies that terms not defined within the regulations should be interpreted as per related acts and regulations.

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