Securities and Exchange Board of India (Custodian) Regulations, 1996

Chapter: I
PRELIMINARY
Regulation 1	:	Short title and commencement
Regulation 2	:	Definitions
Chapter: II
REGISTRATION OF CUSTODIANS
Regulation 3	:	Application for grant of certificate
Regulation 4	:	Application to conform to requirements
Regulation 5	:	Furnishing of information, clarification, and personal representation.
Regulation 6	:	Consideration of application for grant of certificate
Regulation 6A	:	Criteria for fit and proper person
Regulation 7	:	Capital requirement
Regulation 8	:	Procedure and grant of certificate.
Regulation 9	:	Conditions of certificate.
Regulation 9A	:	Period of validity
Regulation 9B	:	Renewal of certificate [Omitted]
Regulation 10	:	Procedure where certificate is not granted
Regulation 11	:	Effect of refusal to grant certificate
Chapter: III
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF CUSTODIANS
Regulation 12	:	Code of conduct
Regulation 13	:	Segregation of activities
Regulation 14	:	Monitoring, review evaluating and inspecting systems and controls.
Regulation 15	:	Prohibition of assignment
Regulation 16	:	Separate custody account
Regulation 17	:	Agreement with the client
Regulation 17A	:	Dispute Resolution
Regulation 18	:	Internal controls
Regulation 19	:	Maintenance of records and documents and furnishing of information
Regulation 19A	:	Appointment of compliance officer.
Regulation 20	:	Information to the Board
Chapter: IV
INSPECTION AND AUDIT
Regulation 21	:	Board's right to inspect
Regulation 22	:	Notice before inspection
Regulation 23	:	Obligations of custodian on inspection by the Board
Regulation 24	:	Submission of report to the Board
Regulation 25	:	Action on inspection or investigation report
Regulation 25A	:	Appointment of auditor
Regulation 25B	:	Board to recover the expenses
Chapter: V
PROCEDURE FOR ACTION IN CASE OF DEFAULT
Regulation 26	:	Liability for action in case of default
Regulation 27	:	Omitted
Regulation 28	:	Omitted
Regulation 29	:	Omitted
Regulation 30	:	Omitted
Regulation 31	:	Omitted
Regulation 32	:	Omitted
Chapter: VI
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
Regulation 33	:	Exemption from enforcement of the regulations in special cases
SCHEDULE
SCHEDULE - I	:	Application for grant of certificate of registration as Custodian
SCHEDULE - II	:	AMOUNT TO BE PAID AS FEES
SCHEDULE - III	:	CODE OF CONDUCT