The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 433] NEW DELHI, FRIDAY, OCTOBER 7,1977/ASVINA 15, 1809
Separate paging is given to this Part in order that it may be filed
as a separate compilation
MINISTRY OF FINANCE
(Department of Economic Affairs)
(STOCK EXCHANGE DIVISION)
NOTIFICATION
New Delhi, the 7th October 1977
S.O. 709(E)—The Central Government, having considered the application for renewal of recognition made under section 3 of the Securities Contracts (Regu- lation) Act, 1956 (42 of 1956) lead with rule 7 of the Securities Contracts (Regu- lation) Rules, 1957, by the Calcutta Stock Exchange Association Limited, Calcutta (hereinafter referred to as the Exchange) and being satisfied that it would be in the interest of the trade and also in the public interest so to do, hereby grants, in exercise of the powers conferred by section 4 of the said Act, recognition to the Exchange, under section 4 of the said Act for a further period of five years com- mencing on the 10th day of October, 1977, and ending with the 9th day of October, 1982, in respect of contracts in securities, subject to the conditions stated herein below and such other conditions as may be prescribed or imposed hereafter.
CONDITIONS
2fi68 ^HE GAZETTE OF INDIA EXTRAOEDLNARY PART II—Sic. 3(11),2. While the existing members may be allowed to continue Irrespective of their educational qualifications, the new entrants snail be required to have passed matriculation or an equivalent examination for acquiring the membership of the Exchange.
3 The Articles of Association ol the Exchange shall be amended, for the purpose aforesaid as early as possible but in no case later than a period of one year from 10th October, 1977.
[No. P. 1/12/SE/77]
A. V. GANESAN, Jt. Secy.