Section 26, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X-1HJ]
As at 6 September 2026. In force from 25 May 1992.
26. Prohibition of the business of an intermediary without licence.—No person shall undertake the business of an intermediary except under and in accordance with the conditions of a licence granted under section 27: Provided that nothing in this section shall apply to the business of an intermediary undertaken by or on behalf of the Central Government or a State Government.
Defined terms in this text (1)
intermediary: Section 2, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X0S6] (In this Act, unless the context otherwise requires,—): "intermediary" means a person registered under section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)
intermediary: 25 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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