Electronic bullion receipts join recognised depository participant categories through a targeted amendment, replacing the earlier gold terminology. The Fourth Schedule amends regulation 42(a) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 by inserting ... Summary
Electronic bullion receipts join recognised depository participant categories through a targeted amendment, replacing the earlier gold terminology.
The Fourth Schedule amends regulation 42(a) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 by inserting "Electronic bullion Receipt" after "Receipts" and before "or". The amendment brings electronic bullion receipts within the categories specified in that provision and substitutes "Gold" with "bullion".
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