Regulatory fee timing and turnover basis: exchanges must remit monthly fees; agricultural commodity derivatives carry a separate year end fee. A recognised stock exchange must remit, within fifteen days from the end of each month, the regulatory amount in Part A of Schedule III based on its annual turnover for the financial year up to that month, after adjusting any regulatory fee already paid. 'Annual turnover' excludes agricultural commodity derivatives. Separately, exchanges must pay, within fifteen days from the end of the financial year, a flat regulatory fee on the aggregate value of agricultural commodity derivatives. Related provisions replace quarterly references with monthly ones and omit the prior proviso, changing payment and reporting cycles to monthly.
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Regulatory fee timing and turnover basis: exchanges must remit monthly fees; agricultural commodity derivatives carry a separate year end fee.
A recognised stock exchange must remit, within fifteen days from the end of each month, the regulatory amount in Part A of Schedule III based on its annual turnover for the financial year up to that month, after adjusting any regulatory fee already paid. "Annual turnover" excludes agricultural commodity derivatives. Separately, exchanges must pay, within fifteen days from the end of the financial year, a flat regulatory fee on the aggregate value of agricultural commodity derivatives. Related provisions replace quarterly references with monthly ones and omit the prior proviso, changing payment and reporting cycles to monthly.
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