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            <h1>Definition of 'Option In Securities' under clause (d) of section 2, Securities Contracts (Regulation) Act, 1956, per section 97(7).</h1> 'Option In Securities' refers to the definition provided in clause (d) of section 2 of the Securities Contracts (Regulation) Act, 1956, as per section 97(7) of Chapter VII of the Finance (No. 2) Act, 2004, which deals with Securities Transaction Tax.

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