Section 24
Power of Central Government to make rules.
About this Act
An Act to provide for regulation of depositories in securities and for matters connected therewith or incidental thereto.
(1) The Central Government may, by
notification in the Official Gazette, make rules for carrying out the provisions of this Act.
(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:--
1 [(a) the manner of inquiry under sub-section (1) of section 19H;
(aa) the time within which an appeal may be preferred under sub-section (1) of section 23;]
(b) the form in which an appeal may be preferred under sub-section (3) of section 23 and the fees payable in respect of such appeal;
(c) the procedure for disposing of an appeal under sub-section (4) of section 23;
2 [(d) the form in which an appeal may be filed before the Securities Appellate Tribunal under section 23A and the fees payable in respect of such appeal.]
(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:--
1 [(a) the manner of inquiry under sub-section (1) of section 19H;
(aa) the time within which an appeal may be preferred under sub-section (1) of section 23;]
(b) the form in which an appeal may be preferred under sub-section (3) of section 23 and the fees payable in respect of such appeal;
(c) the procedure for disposing of an appeal under sub-section (4) of section 23;
2 [(d) the form in which an appeal may be filed before the Securities Appellate Tribunal under section 23A and the fees payable in respect of such appeal.]
Notes
1. Subs. by s. 22, ibid., for clause (a) (w.e.f. 12-10-2004).
2. Ins. by Act 32 of 1999, s. 16 (w.e.f. 16-12-1999).
2. Ins. by Act 32 of 1999, s. 16 (w.e.f. 16-12-1999).