SEBI Comprehensive guidelines for Investor Protection Fund (IPF) and Investor Services Fund (ISF) for Stock Exchanges having commodity derivatives segment
The Circular shall come into force from June 01, 2024.
Government has vested the powers of Development Commissioner under SEZ Act 2005, with respect to IFSC units, to “Administrator (IFSCA)”
This move aims to ensure that instead of following up with the offices of IFSCA and Development Commissioner of GIFT SEZ, now the entities can approach only IFSCA for all the required approvals, whether under SEZ Act or in IFSCA Act.
Certain Renewable Energy Plants To Be Exempt From ALMM & RLMM Requirements
Renewable energy plants located within Special Economic Zones (SEZs) or Export Oriented Units (EOUs) will be exempt from the Approved List of Models and Manufacturers (ALMM) requirements for solar photovoltaic (PV) modules and Revised List of Models and Manufacturers (RLMM) requirements for wind turbine models. These exemptions apply to all qualifying renewable energy plants commissioned by December 31, 2030.
