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Section 13A: Additional trading floor.

The Securities Contracts (Regulation) Act, 1956Central Act · Act 42 of 1956

[13A. Additional trading floor.--A stock exchange may establish additional trading floor with the prior approval of the Securities and Exchange Board of India in accordance with the terms and conditions stipulated by the said Board.

Explanation.--For the purposes of this section, "additional trading floor" means a trading ring or trading facility offered by a recognised stock exchange outside its area of operation to enable the investors to buy and sell securities through such trading floor under the regulatory framework of that stock exchange.]

Where this provision sits

ActThe Securities Contracts (Regulation) Act, 1956
Section13A
Marginal noteAdditional trading floor.
JurisdictionCentral
StatusIn force as published by the source

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 9 of 1995. . Ins. by Act 9 of 1995, s. 21 (w.e.f. 25-1-1995).

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