Licensing of dealers in securities in certain areas

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Full Text of the Document

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....f any other person, the business of dealing in securities in any State or area to which section 13 has not been declared to apply and to which the Central Government may, by notification in the Official Gazette, declare this section to apply, except under the authority of a 1[licence granted by the Securities and Exchange Board of India] in this behalf. (2) No notification under sub-section (1) s....