Securities Contracts amendment removes specified clauses from rule 8 and invites public comments within the prescribed period. The draft amends the Securities Contracts (Regulation) Rules, 1957 by omitting Clause (g) of sub rule (1) and Clause (d) of sub rule (3) of rule eight. It is published under the Central Government's rulemaking power for public notice and invites objections or suggestions before consideration. The amendments are to be called the Securities Contracts (Regulation) Amendment Rules, 1988 and will come into force on final publication in the Official Gazette.
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Securities Contracts amendment removes specified clauses from rule 8 and invites public comments within the prescribed period.
The draft amends the Securities Contracts (Regulation) Rules, 1957 by omitting Clause (g) of sub rule (1) and Clause (d) of sub rule (3) of rule eight. It is published under the Central Government's rulemaking power for public notice and invites objections or suggestions before consideration. The amendments are to be called the Securities Contracts (Regulation) Amendment Rules, 1988 and will come into force on final publication in the Official Gazette.
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