Commencement and amendment of Act 42 of 1956- Amendment of section 2

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....n such date as the Central Government may, by notification, appoint and different dates may be appointed for different provisions of this Part. Amendment of section 2 [B] In the Securities Contracts (Regulation) Act, 1956 (42 of 1956) (herein referred to as the Securities Contracts Act), in section 2,-- (i) in clause (ac), after sub-clause (B), the following sub-clauses shall be inserted,....

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....urities as referred to in sub-clauses (A) and (B) of clause (ac);'; (iii) after clause (c), the following clause shall be inserted, namely:-- '(ca) "non-transferable specific delivery contract" means a specific delivery contract, the rights or liabilities under which or under any delivery order, railway receipt, bill of lading, warehouse receipt or any other documents of title relating there....

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....r the rate of any offsetting contract; or (II) by any other means whatsoever, and as a result of which the actual tendering of the goods covered by the contract or payment of the full price therefor is dispensed with, then such contract shall not be deemed to be a ready delivery contract;'; (v) after clause (h), the following clause shall be inserted, namely:-- '(ha) "specific delivery co....