The Authority may license a Clearing Agency to undertake one or more of the following activities or services:1. Providing one or all of the services related to settlements or clearing of Securities with respect to payment, delivery or both.2. Safekeeping of Securities within a Central Securities Depository for keeping and transferring ownership or registry of the transactions related thereto including selling, purchasing, transferring ownership, pledge, dividends distribution and other transactions. 3. Any other services set by the Authority.