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<h1>SEBI Whole-Time Member Resignation Accepted; Notice Period Waived Under SEBI Act, 1992, Effective December 20, 2004.</h1> The Central Government has accepted the resignation of a whole-time member of the Securities and Exchange Board of India (SEBI), effective December 20, 2004. This decision was made under the provisions of the Securities and Exchange Board of India Act, 1992, and the related rules governing the terms and conditions of service for SEBI's chairman and members. The government also waived the standard notice period of at least three months. This notification was issued by the Ministry of Finance's Department of Economic Affairs on January 4, 2005.