Union Government, Extraordinary, 1998-01-21, Part II-Section 3-Sub-Section(ii), Ref. 74 (E)

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by  Government of India

REGD. NO. D. L.-33004/97
The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 50 ] NEW DELHI WEDNESDAY, JANUARY 21, 1998/1 MAGHA, 1919
I89 GI/98 (1)
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II-—SEC. 3(ii)]
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 21 st January, 1998
SECURITIES AND EXCHANGE BOARD OF INDIA
(MERCHANT BANKERS) AMENDMENT REGULATIONS, 1998
S.O. 74 (E) .—In exercise of the powers conferred by sub-section (i) of section 30 of the Securities and Exchange
Board of India Act, 1992 (15 of. 1992), the Board hereby makes the following regulations to further amend the Securities and
Exchange Board of India (Merchant Bankers) Regulations, 1992.
1. These Regulations may be called the Securities and Exchange Board of India (Merchant Bankers) Amendment
Regulations, 1998.
2. They shall come into force on the date of their publication in the Official Gazette.
3. (i) In Regulation 9 in sub-regulation (2), a proviso shall be added, namely :—
"Provided that in case of an application for renewal of certificate of registration, the provisions of clause (a) of
regulation 6 shall not be applicable upto June 30th, 1998.
(ii) In Regulation 13 A, after the words "under these regulations shall" and before the words "carry on any business
other than that in the securities market" the following words shall be inserted.
"after June 30th, 1998.".
[F. No. SEBI/LE/2350/98]
D.R. MEHTA, Chairman
FOOT NOTE : 1. The principal regulation SEBI (Merchant Bankers) Regulations, 1992 was published in the Official Gazette
of India on December 22, 1992 w.e.f. vide F. No. 20/15/SE/92.
2. It was subsequently amended on :
(a) September 7, 1995 by SEBI (Merchant Bankers) Amendment Regulations, 1995 vide F. No. SEBI/LE/1/9/95;
(b) November 28, 1995 by SEBI (Payment of Fees) Amendment Regulations, 1995 vide S.O. 939 (E);
(c) June 6, 1996 by SEBI (Merchant Bankers) Amendment Regulations, 1996 vide F. No. SEBI/LE-III/5/96;
(d) December 9, 1997 by SEBI (Merchant Bankers) Amendment Regulations, 1997 vide S.O. No. 837 (E).
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