Permanent registration: participants must apply before expiry, meet eligibility, and pay prescribed fees to maintain registration in force.

Regulation 20A requires participants to apply through their depository for a certificate of permanent registration before expiry of their existing certificate, submit updated information and a declaration, pay the prescribed application fee, and be treated as a fresh initial registration application; the Board grants the certificate on satisfying eligibility and the participant must pay the specified registration and annual fees and periodic multi year fees to keep registration in force.

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