TMI BlogUtilization of Fund Created out of the Regulatory Fee Forgone by SEBI – Additional GuidelinesX X X X Extracts X X X X X X X X Extracts X X X X ..... ent Dear Sir / Madam, Sub: Utilization of Fund Created out of the Regulatory Fee Forgone by SEBI Additional Guidelines 1. In order to encourage the participation of Farmers / Farmers Producers Organizations (FPOs) in agricultural commodity derivatives markets, the Stock Exchanges have created a separate fund, out of the regulatory fee so forgone by SEBI. The Stock Exchanges ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax : Reimbursement of Mandi tax including any other mandi cess or whatever name it may be called, levied against the goods deposited in warehouses accredited with Clearing Corporations for the purpose of delivering on Exchange platform for which exchange specific Electronic Negotiable Warehouse Receipt (eNWR) is generated. 2.2. Reimbursement of assaying, cleaning, drying, sorting, storage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cipation in commodity derivatives trading can be reimbursed. 3. The Stock Exchanges can revise their action plan for utilisation of regulatory fee foregone by SEBI for FY 2020-21 incorporating the abovementioned activities and the revised plan, if any, shall be disseminated on their website. 4. Further, in order to enhance transparency, the Stock Exchanges are advised to make disclosur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mendments to the relevant bye-laws, rules and regulations; ii. bring the provisions of this circular to the notice of the stock brokers of the Exchange and also to disseminate the same on their website; and iii. communicate to SEBI, the status of the implementation of the provisions of this circular. 10. This circular is available on SEBI website www.sebi.gov.in under the categor ..... X X X X Extracts X X X X X X X X Extracts X X X X
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