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    <title>Insertion of new section 30A- Special provisions related to commodity derivatives</title>
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    <description>Section 30A establishes that non-transferable specific delivery contracts are generally outside the Securities Contracts (Regulation) Act, subject to a proviso prohibiting organisation of associations (other than stock exchanges) that provide facilities to perform such contracts without actual delivery in areas where section 13 applies. The Central Government may notify exclusions for transferable specific delivery contracts in specified areas, and may also notify application of Act provisions to classes of non-transferable contracts in specified areas in the interest of trade or public interest, specifying manner and extent.</description>
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      <description>Section 30A establishes that non-transferable specific delivery contracts are generally outside the Securities Contracts (Regulation) Act, subject to a proviso prohibiting organisation of associations (other than stock exchanges) that provide facilities to perform such contracts without actual delivery in areas where section 13 applies. The Central Government may notify exclusions for transferable specific delivery contracts in specified areas, and may also notify application of Act provisions to classes of non-transferable contracts in specified areas in the interest of trade or public interest, specifying manner and extent.</description>
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      <pubDate>Thu, 07 May 2015 15:39:19 +0530</pubDate>
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