Listing Applications shall be submitted as follows: 1. Listing Application, delisting or transfer listing between the Parallel Market to the Main Market shall be submitted in accordance with the form prepared by the Authority for this purpose. Such application shall be attached to all documents and information required and stated in these Bylaws along with the payment of the specified fee. The Authority may, at any time after receipt of an application, request additional information or documents it deems necessary to decide on the application request. 2. The consent of the Central Bank shall be obtained before submitting a Listing Application if the company submitting the application is one of the Units Subject to the Supervision of the Central Bank. 3. The Authority shall decide on the Listing Application within sixty days of receipt of the Listing Application subject to meeting all requested information and documents. The Authority notifies the applicant of its decision on the Listing Application and may reject the Listing Application under the following circumstances: a. Non-availability of any of the conditions stipulated in this Module. b. If the Authority deems that such rejection is necessary for considerations related to the market situation or the national economy in general. c. If the Authority deems that such rejection is necessary for protecting the traders due to the occurrence or possibility of the occurrence of material changes related to the company’s financial situation or operational or administrative or relating to the company’s assets. In all cases, the decision shall include reasons of such rejection.