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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 ..... n 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 have been permitted by SEBI to utilize the said fund exc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 and transportation charges: Farmers/FPOs can be reimbursed the charges ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ges 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 disclosure regarding the corpus of the fund and its utilization, on their website, on a monthly bas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 category "Circulars" and "Info for Commodity Derivatives". Yours faithfully, Vikas Sukhwal General Manager Division of New Pro ..... X X X X Extracts X X X X X X X X Extracts X X X X
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