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

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....i) of section 30 of the 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. ....

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....that no agreement shall be required to be entered into in 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 sh....