Specified intermediary and other entity to obtain unique identification numbers

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ch date as may be notified by the Board in the official gazette, no specified intermediary or other entity shall act as such, unless- (a) it has obtained a unique identification number from the Designated Service Provider; and (b) the following related persons have been allotted unique identification numbers by the Designated Service Provider : (i) its principal officer and personnel enga....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ctors and personnel engaged in the operational activities of asset management companies; and] (vii) its proprietor, where applicable; ^3[***]    (viii) ^4[***]. ^5[Explanation.-For the purposes of sub-clauses (i) and (vi-a), the words 'personnel engaged in the operational activities' shall mean the employees comprising the top three tiers of management excluding the Board of Dir....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of sub-regulation (1) in accordance with these regulations.   ****** 1 Substituted by the SEBI (Central Database of Market Participants) (Amendment) Regulations, 2004, vide S.O. No. 854(E) dated 21-7-2004. Prior to its substitution, sub-clause (v) read as under :- "(v) its associates and their directors;" 2 Inserted by the SEBI (Central Database of Market Participants) (Amendm....