Utilization of regulatory fee forgone funds permitted for farmer support, including reimbursements and options incentives. SEBI permits stock exchanges to use the fund created from regulatory fee forgone to reimburse mandi tax and warehouse handling (assaying, cleaning, drying, sorting, storage, transportation) for goods deposited in Clearing Corporation accredited warehouses with exchange specific eNWRs, reimburse Clearing Corporation fees on Farmers/FPOs, and incentivise option premium for Farmers/FPOs. Exchanges must revise and publish action plans, disclose corpus and monthly utilisation on their websites, include details in the Monthly Development Report, amend bye laws, notify brokers, and report implementation to SEBI. The circular is effective immediately under SEBI Act powers.
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.
Utilization of regulatory fee forgone funds permitted for farmer support, including reimbursements and options incentives.
SEBI permits stock exchanges to use the fund created from regulatory fee forgone to reimburse mandi tax and warehouse handling (assaying, cleaning, drying, sorting, storage, transportation) for goods deposited in Clearing Corporation accredited warehouses with exchange specific eNWRs, reimburse Clearing Corporation fees on Farmers/FPOs, and incentivise option premium for Farmers/FPOs. Exchanges must revise and publish action plans, disclose corpus and monthly utilisation on their websites, include details in the Monthly Development Report, amend bye laws, notify brokers, and report implementation to SEBI. The circular is effective immediately under SEBI Act powers.
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