Regulation 5 - Manner of payment of fee - Securities and Exchange Board of India (Regulatory Fee on Stock Exchanges) Regulations, 2006

Manner of payment of fee 5. 1 [(1) The fee mentioned in regulation 4 shall be paid by a recognised stock exchange by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or by means of a demand draft drawn in favour of Securities and Exchange Board of India , payable at Mumbai and the intimation of remittance or the demand draft, as applicable, shall be forwarded along with the statement of computation of the fee.] (2) The statement of computation of fees mentioned in sub-regulation (1) shall be certified to be correct by a chartered accountant. ******* 1 Substituted by the SEBI (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017, w.e.f. 6 3 2017. Prior to the same, sub regulation (1) read as follows: (1) The fee mentioned in regulation 4 shall be paid by a recognised stock exchange by means of a demand draft drawn in favour of the Securities and Exchange Board of India , payable at Mumbai and shall be accompanied by a statement of computation of the fees.