Contract for the purchase or sale of a right to buy or sell, or a right to buy and sell in future underlying goods shall be derivative contract

The Central Government vide notification dated 1st March, 2024 has declared that a contract for the purchase or sale of a right to buy or sell, or a right to buy and sell in future underlying goods as a derivative contract.

These derivative contracts shall be governed by Securities Contracts (Regulation) Act, 1956.

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