Notification S.O. 986(E), dated 6th February, 1951 [N11-H7K]

As at 7 September 2026. In force from 6 February 1951.

Dates: made 6 February 1951; in force 6 February 1951; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. This instrument and its words are generated by the register beneath an Act whose title, number and year are real.

Cite: Notification S.O. 986(E), dated 6th February, 1951, S.O. 986(E) [N11-H7K]. Machine: N11-H7K.

S.O. 986(E).—In exercise of the powers conferred by section 10 of the Scheduled Securities (Hyderabad) Act, 1949 (7 of 1949), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts issuers whose the business of a stock broker does not exceed one lakh rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Board in writing of the commencement of the business of a stock broker within thirty days of such commencement.

Made under

Recital: "In exercise of the powers conferred by section 10 of the Scheduled Securities (Hyderabad) Act, 1949 (7 of 1949), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Scheduled Securities (Hyderabad) Act, 1949 (7 of 1949) [S19-S8V]. Vires verified.

Acts on (1)

Exempts Section 4, Scheduled Securities (Hyderabad) Act, 1949 [S19-S2F], 6 February 1951. "section 4 of the said Act".

Acted on by (0)

none

Not held (0)

none