SECURITIES AND EXCHANGE BOARD OF INDIA (EMPLOYEES' SERVICE) REGULATIONS , 2001 — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

SECURITIES AND EXCHANGE BOARD OF INDIA (EMPLOYEES' SERVICE) REGULATIONS , 2001 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992, the Board hereby makes the following regulations defining the terms and conditions of service of its employees : CHAPTER I PRELIMINARY Short Title and Commencement 1. (1) These regulations may be called the Securities and Exchange Board of India (Employees ' Service) Regulations, 2001. (2) They shall come into force on the date of their publication in the Official Gazette. Applicability 2. (1) These regulations shall apply to every whole-time employee appointed by the Board under sub -section (1) of section 9 of the Act and to every whole-time employee transferred to the Board under [clause (g)] 1 of sub -section (1) of section 10 of the Act. Provided that they shall not apply , except as otherwise provided in these regulations or to such extent as may be specifically or generally decided by the Board, to persons employed temporarily or on contracts. [***] 2 Definitions 3. (1) In these regulations, unless there is anything repugnant in the subject or context— t— (a) "Act" means the Securities and Exchange Board of India Act, 1992 (15 of 1992). (b) "Board" means the Securities and Exchange Board of India constituted under Section 3 of the Act. (c) "Chairman" means the Chairman of the Board and, in relation to the powers exercisable by him , includes whole -time member of the Board or a Committee of Executive Directors or Executive Director or any other officer to whom the powers under these regulations may be delegated by the Chairman. 1 Substituted for "clause (d)" by the SEBI (Employees' Service) (Third Amendment) Regulations, 2022, w.e.f. 30.12.2022 . 2 Omitted by SEBI (Employees' Serv