TMI BlogSecurities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2021X X X X Extracts X X X X X X X X Extracts X X X X ..... ing regulations to further amend the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 , namely:- 1. These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 , - I. In regulation 2 , sub-regulation (1), - i. After clause (ha), the following clause shall be inserted, namely,- (hb) financial year means the period of twelve months commencing on the first day of April every year; ii. After cla ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Provided that the recognized stock exchanges shall pay a flat regulatory fee of one lakh rupees on aggregate value of the transactions on agricultural commodity derivatives. (3) A recognised stock exchange shall also pay to the Board, within fifteen days form the end of each quarter of a financial year, an amount equal to ten per cent of the aggregate of listing fees collected from the issuers whose securities are listed on it, during that quarter: Provided that the fees due under sub-regulation (3) in respect of the last quarter of a financial year may be paid within thirty days of conclusion of the quarter, together with the fees due under sub-regulation (2). Explanation: For the purposes of this sub-regulation, the expre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... id or is paid belatedly or is short-paid, it shall, without prejudice to any other action that may be taken under the Act, rules or regulations, pay an interest of fifteen per cent per annum on the amount remaining unpaid or belatedly paid or short-paid, for every month of delay or part thereof to the Board. iii. existing sub-regulation (2) shall be re-numbered as sub-regulation (9). III. In regulation 52 , i. in sub-regulation (2), after the words and circulars and before the words before the , the words referred to in sub-regulation (1) shall be inserted. ii. after sub-regulation (3), the following sub-regulations shall be inserted, namely,- (4) On and from the commencement of the Securities Contracts (Regulation) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... More than 5,00,000 but less than or equal to 10,00,000 1,00,00,000/- 5 More than 10,00,000 1,00,00,000 plus 0.000012 per cent of the annual turnover in excess of 10,00,000 crores. AJAY TYAGI, Chairman [Advt. III/4/Ext./547/2020-21] Footnote: 1. The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 were published in the Gazette of India on 3rd October 2018 vide No. SEBI/LADNRO/GN/2018/41. 2. The Securities and Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 were subsequently amended (a) 4th June, 2019, the Securities ..... X X X X Extracts X X X X X X X X Extracts X X X X
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