law: 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