MINISTRY OF FINANCE

(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 30th July, 2021

G.S.R. 520(E).—In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957, namely:—

1. (1) These rules may be called as Securities Contracts (Regulation) (Second Amendment) Rules, 2021.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Securities Contracts (Regulation) Rules, 1957, in rule 19A, after sub-rule (5) the following sub-rule shall be inserted, namely :-

“(6) Notwithstanding anything contained in sub-rules (1) to (5), the Central Government may, in the public interest, exempt any listed public sector company from any or all of the provisions of this rule.”

[F. No. 5/35/CM/2006 Volume- III]

M. BAJAJ, Addl. Secy. (Financial Markets)

Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3 vide number S.R.O. 576, dated the 21st February, 1957 and subsequently amended vide numbers as under:

(1) G.S.R 1096, dated the 14th July, 1967;

(2) G.S.R. 685, dated the 3rd June, 1972;

(3) G.S.R. 959, dated the 8th August, 1972;

(4) G.S.R. 2641, dated the 1st November, 1975;

(5) G.S.R. 1083, dated the 11th November, 1985;

(6) G.S.R. 666(E), dated the 20th July, 1987;

(7) G.S.R. 1070(E), dated the 15th November, 1988;

(8) G.S.R. 870(E), dated the 13th November, 1992;

(9) G.S.R. 617(E), dated the 20th September, 1993

(10) G.S.R. 749(E), dated the 12th October, 1994;

(11) G.S.R. 790(E), dated the 7th November, 1994;

(12) G.S.R. 121(E), dated the 9th March, 1995;

(13) G.S.R.291(E), dated the 27th March, 1995;

(14) G.S.R. 581(E), dated the 23rd December, 1996;

(15) G.S.R. 654(E), dated the 8th August, 2000;

(16) G.S.R. 655(E), dated the 8th August, 2000;

(17) G.S.R. 415(E), dated the 7th June, 2001;

(18) G.S.R. 696(E), dated the 28th August, 2003;

(19) G.S.R. 395(E), dated the 10th June, 2009;

(20) G.S.R. 469(E), dated the 4th June, 2010;

(21) G.S.R. 662(E), dated the 9th August, 2010;

(22) G.S.R.705 (E), dated the 25th October, 2013;

(23) G.S.R. 21(E), dated the 16th January, 2014;

(24) G.S.R.611 (E), dated the 22nd August, 2014;

(25) G.S.R.682 (E), dated the 22ndSeptember, 2014;

(26) 819(E), dated the 19th November, 2014;

(27) G.S.R. 125(E), dated the 25th February, 2015;

(28) G.S.R. 268(E), dated the 20th March, 2017;

(29) G.S.R. 664(E), dated the 28th June, 2017;

(30) G.S.R. 822(E), dated the 3rd July, 2017;

(31) G.S.R 675(E), dated the 25thJuly, 2018;

(32) G.S.R. 738(E), dated the 3rd August, 2018;

(33) G.S.R. 189(E), dated the 19th March, 2020,

(34) G.S.R. 485(E), dated the 31st July, 2020 and

(35) G.S.R. 423 (E), dated the 19th June, 2021.

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