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Commencement and amendment of Act 74 of 1952- Insertion of new section 28A- Savings of recognised associations

Section 131 - MISCELLANEOUS AMENDMENTS TO THE FORWARD CONTRACTS (REGULATION) ACT, 1952 - Finance Act - Section 131 - CHAPTER VIII MISCELLANEOUS PART I AMENDMENTS TO THE FORWARD CONTRACTS (REGULATION) ACT, 1952 Commencement and amendment of Act 74 of 1952 131. [A] The provisions of this Part shall come into force on such date as the Central Government may, by notification, appoint and different dates may be appointed for different provisions of this Part. Insertion of new section 28A [B] In the F .....

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exchanges shall not carry out any activity other than the activities of assisting, regulating or controlling the business of buying, selling or dealing in commodity derivatives till the said deemed recognized stock exchanges are specifically permitted by the Securities and Exchange Board of India: Provided further that a person buying or selling or otherwise dealing in commodity derivatives as a commodity derivatives broker, or such other intermediary who may be associated with the commodity de .....

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