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Amendment of section 116.

..... s Part referred to as the principal Act), in section 116, with effect from the 1st day of April, 2020,- (a) in clause (7), for the words sale of commodity derivatives or option on commodity derivatives in respect of commodities, other than agricultural commodities, traded in recognised associations , the words sale of commodity derivatives or sale of commodity derivatives based on prices or indice .....

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..... oods, and sale of commodity derivatives based on prices or indices of prices of commodity derivatives within the ambit of said definition. It is further proposed to amend clause (8) of the said section so as to substitute the expressions Forward Contracts (Regulation) Act, 1952 with the expressions Securities Contracts (Regulation) Act, 1956 and to insert the words notifications issued therein. Th .....

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