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Article 54 Of Chapter 4
Section: Clearing Agency

No rules issued by the Clearing Agency nor amendments thereto, either by withdrawal, replacement or change, or addition thereof, shall be valid and effective unless they are accredited by the Authority. The Clearing Agency should provide the Authority with the reasons and objectives for proposing such rules or amendments, and highlight the desired effects; the Authority may resolve its approval, disapproval or amendment thereof and inform the Clearing Agency in writing of its resolution within at latest one week of the resolution date.

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  • CMA Law