https://www.taxtmi.com/acts?id=19697 Section 28A deems recognised associations under the Forward Contracts Act to be recognised stock exchanges under the Securities Contracts Act but restricts them to assisting, regulating or controlling commodity derivatives activities until specific permission is granted by the regulator. Persons acting as commodity derivatives brokers without prior registration may continue for three months or until disposal of a timely registration application. The regulator may allow time to comply; existing bye laws, circulars and statutory instruments remain effective for up to one year, and the regulator and Central Government exercise prior powers for that period. en-us Thu, 07 May 2015 15:35:03 +0530 Fri, 18 Sep 2015 18:07:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19697 Section 28A deems recognised associations under the Forward Contracts Act to be recognised stock exchanges under the Securities Contracts Act but restricts them to assisting, regulating or controlling commodity derivatives activities until specific permission is granted by the regulator. Persons acting as commodity derivatives brokers without prior registration may continue for three months or until disposal of a timely registration application. The regulator may allow time to comply; existing bye laws, circulars and statutory instruments remain effective for up to one year, and the regulator and Central Government exercise prior powers for that period. Act-Rules F. Acts / Amendment Acts Thu, 07 May 2015 15:35:03 +0530 https://www.taxtmi.com/acts?id=19697