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Section 2: Definitions.

The Securities and Exchange Board of India Act, 1992Central Act · Act 15 of 1992

(1) In this Act, unless the context otherwise requires,---

(a) "Board" means the Securities and Exchange Board of India established under section 3;

(b) "Chairman" means the Chairman of the Board;

[(ba) collective investment scheme means any scheme or arrangement which satisfies the conditions specified in section 11AA;]

(c) "existing Securities and Exchange Board" means the Securities and Exchange Board of India constituted under the Resolution of the Government of India in the Department of Economic Affairs No. 1(44)SE/86, dated the 12th day of April, 1988;

(d) "Fund" means the Fund constituted under section 14;

[(da) "Insurance Regulatory and Development Authority" means the Insurance Regulatory and Development Authority of India established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999);

(db) "Judicial Member" means a Member of the Securities Appellate Tribunal appointed under sub-section (1) of section 15MA and includes the Presiding Officer.]

(e) member means a member of the Board and includes the Chairman;

(f) notification means a notification published in the Official Gazette;

[(fa) "Pension Fund Regulatory and Development Authority" means the Pension Fund Regulatory and Development Authority established under sub-section (1) of section 3 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013);]

(g) "prescribed" means prescribed by rules made under this Act;

(h) "regulations" means the regulations made by the Board under this Act;

[(ha) Reserve Bank means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934);]

(i) "securities" has the meaning assigned to it in section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956).

[(j) "Technical Member" means a Technical Member appointed under sub-section (1) of section 15 MB.]

[(2) Words and expressions used and not defined in this Act but defined in [the Securities Contracts (Regulation) Act, 1956 (42 of 1956) or the Depositories Act, 1996 (22 of 1996)] shall have the meanings respectively assigned to them in that Act.]

Where this provision sits

ActThe Securities and Exchange Board of India Act, 1992
Section2
Marginal noteDefinitions.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it1

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 31 of 1999. . Ins. by Act 31 of 1999, s. 11 (w.e.f. 22-2-2000).
  • inserted, Act 7 of 2017. . Ins. by Act 7 of 2017, s. 146 (w.e.f. 26-4-2017).
  • inserted, Act 59 of 2002. . Ins. by Act 59 of 2002, s. 2 (w.e.f. 29-10-2002).
  • substituted, Act 9 of 1995. . Subs. by Act 9 of 1995, s. 2, for sub-section (2) (w.e.f. 25-1-1995).
  • substituted, Act 22 of 1996. . Subs. by Act 22 of 1996, s. 30 and the Schedule, for the Securities Contracts (Regulation) Act, 1956 (42 of 1956) (w.e.f. 20-9-1995).

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