Section 3, Securities and Exchange Board of India Act, 1992 [S1W-XG7]
As at 7 September 2026. In force from 28 April 1992.
3. Appointment of Board.—(1) The Central Government may, by notification, appoint an authority, to be known as the Board, to exercise the powers and perform the functions conferred on it by or under this Act. (2) The Board may, with the previous approval of the Central Government, appoint such officers and other employees as it considers necessary for the efficient discharge of its functions under this Act. (3) The Central Government may, by notification, direct that any power exercisable by it under this Act, except the power to make rules under section 64, shall, in relation to such matters and subject to such conditions as may be specified in the notification, be exercisable also by the Board.
Defined terms in this text (1)
Board: Section 2, Securities and Exchange Board of India Act, 1992 [S1WXFW] (In this Act, unless the context otherwise requires,—): "Board" means the Securities and Exchange Board of India established under section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)
Board: 279 more definitions.
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