Recognition of body or body corporate for administration and supervision of research analysts.
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....body corporate for the purpose of administration and supervision of research analysts to such extent and on such terms and conditions as may be specified by the Board. ^2[(1A) Notwithstanding anything contained in regulation 14, the administration and supervision of the proxy advisers shall entirely vest with the Board.] (2) The Board may specify that no person shall act as a research analys....


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