GAZETTE OF INDIA
EXTRAORDINARY
PART – III – SECTION 4
PUBLISHED BY AUTHORITY
NEW DELHI, January 21, 2016
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 21st January, 2016
SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND
PARTICIPANTS) (AMENDMENT) REGULATIONS, 2016
No. SEBI/LAD-NRO/GN/2015-16/032. -In exercise of the powers conferred by Section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with Section 25 of the Depositories Act, 1996 (22 of 1996), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, namely:-
1. These Regulations may be called the Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2016.
2. They shall be deemed to have come into force from September 11, 2012.
3. In the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, in Regulation 53C,sub -regulation (2) shall be substituted with the following, namely-
“(2) Every depository shall credit five per cent or such percentage as may be specified by the Board, of its profits from depository operations every year to the Investor Protection Fund.”
U. K. SINHA
CHAIRMAN
SECURITIES AND EXCHANGE BOARD OF INDIA
Footnote:
1. The principal Regulations, Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996 were published in the Gazette of India, Part II on May 16, 1996 vide S.O. No. 345(E).
2. The Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, were subsequently amended on:
a) February 7, 1997 by the SEBI (Depositories and Participants) (Amendment) Regulations, 1997 vide S.O. No. 9 1(E).
b) September 5, 1997 by the SEBI (Depositories and Participants) (Second Amendment) Regulations, 1997 vide S.O. No. 640(E).
c) January 5, 1998 by the SEBI (Depositories and Participants) (Amendment) Regulations, 1998 vide S.O. No. 18(E).
d) January 21, 1998 by the SEBI (Depositories and Participants) (Second Amendment) Regulations, 1998 vide S.O. No. 76(E).
e) May 20, 1999 by the SEBI (Depositories and Participants) (Amendment) Regulations, 1999 vide S.O. No. 357(E).
f) July 7, 1999 by the SEBI (Depositories and Participants) (Second Amendment)Regulations, 1999 vide S.O. No. 546(E).
g) September 21, 1999 by the SEBI (Depositories and Participants) (Third Amendment)Regulations, 1999 vide S.O. No. 775(E).
h) December 26, 2000 by the SEBI (Depositories and Participants) (Amendment)Regulations, 2000 vide S.O. No. 1160(E).
i) May 29, 2001 by the SEBI (Investment Advice by Intermediaries) (Amendment)Regulations, 2001 vide S.O. No. 476(E).
j) September 27, 2002 by the SEBI (Procedure for holding Enquiry by Enquiry Officer andImposing Penalty) Regulations, 2002 vide S.O. No. 1045(E).
k) June 16, 2003 by the SEBI (Depositories and Participants) (Amendment) Regulations,2003 vide S.O. No. 696(E).
l) September 2, 2003 by the SEBI (Depositories and Participants) (Second Amendment)Regulations, 2003 vide S.O. No. 10 14(E).
m) October 1, 2003 by the SEBI (Depositories and Participants) (Third Amendment)Regulations, 2003 vide S.O. No. 1156(E).
n) March 10, 2004 by the SEBI (Criteria forFit and Proper Person) Regulations, 2004 videS.O. No. 398(E).
o) June 10, 2004 by the SEBI (Depositories and Participants) (Amendment) Regulations,2004 vide S.O. No. 696(E).
p) October 10, 2007 by the SEBI (Depositories and Participants) (Amendment) Regulations,2007 vide No. 1 1/LC/GN/2007/4485.
q) March 17, 2008 by the SEBI (Depositoriesand Participants) (Amendment) Regulations,2008 vide F. No. 1 1/LC/GN/2008/20494.
r) May 26, 2008 by the Securities and Exchange Board of India (Intermediaries)Regulations, 2008 vide Notification No. LAD/NRO/GN/2008/1 1/12653 8.
s) August 8, 2008 by the SEBI (Depositories and Participants) (Second Amendment)Regulations, 2008 vide Notification No. LAD/NRO/GN/2008/1 8/134585.
t) June 19, 2009 by the SEBI (Facilitation ofIssuance of India Depository Receipts)(Amendment) Regulations, 2009 vide Notification No. LAD/NRO/GN/2009- 10/10/166936.
u) April 13, 2011 by the Securities and Exchange Board of India (Change in Conditions ofRegistration of Certain Intermediaries) (Amendment) Regulations, 201 1vide Notification No.LAD/ NRO/ GN/ 2011-12/03/12650.
v) July 5, 2011 by the Securities and ExchangeBoard of India (Depositories and Participants)(Amendment) Regulations, 2011 vide Notification No. LADNRO/GN/201 1-12/14/21219.
w) September 11, 2012 by Securities and Exchange Board of India (Depositories andParticipants) (Amendment) Regulations, 2012 vide Notification No. LADNRO/GN /2012-13/15/20426.
x) May 17, 2013 by Securities and Exchange Board of India (Depositories andParticipants) (Amendment) Regulations, 2013vide Notification No.LADNRO/GN/201 3-14/09/5738.
y) December 24, 2014 by Securities and Exchange Board of India (Depositories andParticipants) (Amendment) Regulations, 2014 vide notification No. LAD/NRO/GN/2014-1 5/18/1952.
