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....nd Sub-brokers) (Amendment) Regulations, 1998, w.e.f. 05-01-1998. 3 Inserted by the SEBI (Stock Brokers and Sub-brokers) (Amendment) Regulations, 2003, w.e.f. 23-09-2003. 4 Substituted by the SEBI (Stock Brokers and Sub-brokers) (Amendment) Regulations, 2003, w.e.f. 23-09-2003. Prior to substitution, it read as under: "The stock exchange shall forward the application who comply with....

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....ub-regulation (3) shall verify the information contained therein and shall also certify that the applicant is eligible for registration as per criteria specified in sub-regulation (5). (5) The eligibility criteria for registration as a sub-broker shall be as follows, namely:- (i) in the case of an individual; (a) the applicant is not less than 21 years of age; (b) the applicant has not....