Securities And Exchange Board Of India (Depositories And Participants) (Second Amendment) Regulations, 1998.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996. 1. These Regulations may be called the Securities and Exchange Board of India (Depositories and Participants) (Second Amendment) Regulations, 1998. 2. They shall come into fo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n case:- (i) the depository is the issuer of securities; or (ii) the State or the Central Government is the issuer of Government securities." (d) in regulation 55, a proviso shall be added, namely :- "Provided that where the State or the Central Government is the issuer of Government securities, the depository shall, on a daily basis, reconcile the records of the dematerialised securities,"....