a) Ministry of Finance vide notification NO. G.S.R. 485(E) [F.NO. 5/35/CM/2006 VOLUME- III], dated 31-7-2020 have provided Securities Contracts (Regulation) (Second Amendment) Rules, 2020.

b) In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957, namely:—

I) These rules may be called as Securities Contracts (Regulation) (Second Amendment) Rules, 2020.

II) They shall come into force on the date of their publication in the Official Gazette.

c) In the Securities Contracts (Regulation) Rules, 1957, in rule 19A, in sub-rule (1), in the proviso, for the words "two years" the words "three years" shall be substituted.