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DELEGATION OF POWERS TO SEBI UNDER SC(R) ACT

NOTIFICATION DATED 30.7.1996

S.O. No. 573(E) In exercise of the powers conferred by section 29A of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby directs that the powers exercisable by it under sub-section (5) of section 4, section 7, section 8, section 11, section 12 and section 16 of the said Act shall also be exercisable by the Securities and Exchange Board of India.

F. No. 1(27)SE/92

NOTIFICATION DATED 13.09.1994

In exercise of the powers conferred by section 29A of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby directs that the powers exercisable by it under section 3, sub-sections (1), (2), (3) and (4) of section 4, section 5, sub-section (2) of section 7A, section 13, sub-section (2) of section 18, section 22 and sub-section (2) of section 28 of the Act shall also be exercisable by the Securities and Exchange Board of India.

[Notification issued by Ministry of Finance, Department of Eco nomic Affairs,

vide F.No. 1/57/SE/93 dated 13th September 1994]