Securities and Exchange Board of India Act, 1992
30.Power to make
regulations.-
(1) The Board may with
the previous approval of the Central Government by notification make
regulations consistent with this Act and the rules made there under to carry
out the purposes of this Act.
(2) In particular and
without prejudice to the generality of the foregoing power, such regulations
may provide for all or any of the following matters namely
(a)
the times and places of meeting of the Board and the procedure to be following
at such meeting under sub-section (1) of section 7 including quorum necessary
for the transaction of business
(b)
the term and other conditions of service of officers and employees of the Board
under sub-section (2) of section 9
(c)
the amount of fee to be paid for registration certificate and manner of
suspension or cancellation of registration certificate under sub-section (2)
(3) of section 1