Power of Central Government to make rules.

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....y this Act are to be, or may be, prescribed by the Central Government; and      (b) generally to carry out the purposes of this Act. ^[1][(2) Any rule made under sub-section (1) may provide that a contravention thereof shall be punishable with fine which may extend to ^[2][five thousand rupees] and where the contravention is a continuing one, with a further fine which may....

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....t prejudice to the validity of anything previously done under that rule.] ^[5][(4) Every regulation made by the Securities and Exchange Board of India under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, befo....