Section 13A
Additional trading floor.
The Securities Contracts (Regulation) Act, 1956
About this Act
An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, by providing for certain other matters connected therewith.
1[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.]
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.]
Notes
1. Ins. by Act 9 of 1995, s. 21 (w.e.f. 25-1-1995).