THE GAZETTE OF INDIA
EXTRAORDINARY
PART – II – SECTION 3 – SUB-SECTION (ii)
PUBLISHED BY AUTHORITY
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 30th day of July, 2004
Notification under sub-regulation (1) of regulation 4 and sub-regulations (1) and (2) of regulation 6 of the Securities and Exchange Board of India (Central Database of Market Participants) Regulations, 2003
S.O. No. 884 (E). In exercise of the powers conferred by sub-regulation (1) of regulation 4 and sub-regulations (1) and (2) of regulation 6 of the Securities and Exchange Board of India (Central Database of Market Participants) Regulations, 2003 (hereinafter referred to as ‘the said Regulations’) and having considered the factors mentioned in clauses (a) and (c) of regulation 14, the Board hereby specifies –
(a) sub-brokers within the meaning of rule 2(f) of the Securities and Exchange Board of India (Stock Brokers and Sub-brokers) Rules, 1992 as ‘specified intermediaries’ for the purposes of clause (u) of sub-regulation (1) of regulation 2 of the said Regulations;
(b) the 31st day of December 2004 as the notified date for the purposes of sub-regulation (1) of regulation 4 of the said Regulations for the sub-brokers specified in clause (a) above;
(c) all investors being bodies corporate as ‘specified investors’ for the purposes of clause (v) of sub-regulation (1) of regulation 2 of the said Regulations;
(d) the 31st day of December 2004 as the notified date for the purposes of sub-regulation (2) of regulation 6 of the said Regulations for specified investors being bodies corporate mentioned in clause (c) above;
(e) all investors, whether bodies corporate or not, intending to avail of margin trading facility in terms of the requirements laid down by the Board, as ‘specified investors’ for the purposes of clause (v) of sub-regulation (1) of regulation 2 of the said Regulations; and,
(f) the 31st day of August 2004 as the specified date for the purposes of sub-regulation (1) or sub-regulation (2), as the case may be, of regulation 6 of the said Regulations for specified investors mentioned in clause (e) above.
F.No. SEBI/LAD/DOP/ 1663 /2004
G.N. BAJPAI
CHAIRMAN
SECURITIES AND EXCHANGE BOARD OF INDIA
