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Securities And Exchange Board Of India - Section

Section 18 in The Securities and Exchange Board of India (Intermediate) Regulations, 2008

18. Notice before inspection.

(1)Before undertaking an inspection under Regulation 17, the inspecting authority shall give a notice to the concerned intermediary;Provided that where the inspecting authority is satisfied that in the interest of the investors no such notice should be given, it may, for reasons to be recorded in writing; dispense with such notice.
(2)During the course of inspection, the intermediary shall be bound to discharge its obligation provided under Regulation 19.