Securities and Exchange Board of India (Employees' Service) (Amendment) Regulations, 2010.

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....ent) Regulations, 2010 2. The respective regulations shall be deemed to have come into force on the dates specified in the fourth column of the following table: Sl.No. Regulation of SEBI (Employees' Service) (Amendment) Regulations, 2010 Regulation of SEBI (Employees' Service) Regulations, 2001 being amended Date i) 3(i) 5 June 20, 2008 ii) 3(ii)(a) 6(1)(c) January 30, 2008 iii) 3(ii)(b) 6(2) January 30, 2008 iv) 3(ii)(c) 6(4)(a) February 17, 2007 v) 3(iii) 15(1) January 30, 2008 vi) 3(iv) 16(2) January 30, 2008 vii) 3(v) 38 May 03, 2003 viii) 3(vi) 93 March 28, 2003 ix) 3(vii)(a)a. The qualification for direct recrui....

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....y level in Grade A or in Grade B or in such grade as may be specified by the competent authority by such method as the Chairman may determine, including by Campus Selection. Provided that, in special circumstances, where no suitable candidate is available in the Board's service or the exigencies of work require, recruitment may also be made at a higher grade." iii) In regulation 15, for sub-regulation (1), the following shall be substituted, namely:- "(1) An employee confirmed in the services of the Board shall ordinarily rank for seniority in his/ her grade, according to the date of his/ her confirmation in that grade, as follows: a. All India direct recruitment through open competition/ internal promotions through sw....

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.... employee who has not completed a minimum period of ten years of continuous service in the Board, the gratuity shall be paid as per the provisions of the Payment of Gratuity Act, 1972 (39 of 1972), as amended from time to time: Provided that where an employee has completed a minimum period of ten years of continuous service in the Board, the gratuity shall be paid as per the SEBI (Payment of Gratuity to Employees) Rules, 2003: Provided further that the gratuity amount payable to an employee shall not be less than the amount payable under the Payment of Gratuity Act, 1972." b. for sub-regulation (3), following shall be substituted, namely:- "(3) Without prejudice to the sub-regulation (1), (2) and (2A), the Board may ....

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....on experience for Grade C in the applicable field as an advocate or as an officer in reputed institution preferably in the area of financial services, stock exchanges and other self-regulatory organisations or any such similar experience." c. row 7, specifying the mode of recruitment, age, qualification, experience and composition of the selection committee for recruitment of Receptionist-cum-Telephone-Operator, shall be omitted. d. in note, in point no. 1, after sub point (c), the following shall be inserted, namely:- "(d) The Board may, after recording the reasons in writing, relax the minimum qualifications and experience required for various posts". e. in note, in point no. 3, after the words 'direct recruitment&#3....