TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... e Board of India Act, 1992 (15 of 1992) ; (b) Accredited refineries means refineries empanelled by the Stock Exchanges; (c) Assayer means a person engaged in the process of assessing the purity or quality of gold; (d) Beneficial Owner means a person whose name is recorded as such with a depository/depository participant; (e) Board means the Securities and Exchange Board of Indi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rities Contracts (Regulation) Act, 1956 ; (i) Gold standard means the purity and standard of gold as specified by the recognized stock exchanges; (j) Nominated agencies means agencies nominated by the Directorate General of Foreign Trade for import of Gold under the Foreign Trade (Development and Regulation) Act, 1992 ; (k) Recognized vault means the premises encompassing strong roo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g deposit, storage and withdrawal services to the beneficial owners. (2) The words and expressions used and not defined in these regulations, but defined in the Act, the Securities Contracts (Regulation) Act, 1956, (42 of 1956) , the Companies Act, 2013 (18 of 2013) , the Depositories Act, 1996 , or any rules or regulations made thereunder, shall have the same meanings respectively assigned ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... b-clause (ii), the expression controlling interest means- (A) an interest, whether direct or indirect, to the extent of at least fifty-one percent of voting rights in the body corporate; or (B) right to appoint majority of the directors or to control the management directly or indirectly; - - statute, statutory provisions legislation, law, enactment, Acts, Rul ..... X X X X Extracts X X X X X X X X Extracts X X X X
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