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<h1>Stock exchanges and clearing corporations must renew recognition by following initial rules plus Rule 7, using Form A.</h1> The regulations for renewing recognition of stock exchanges and clearing corporations require compliance with the same provisions applicable to initial recognition, in addition to rule 7. A recognized clearing corporation must apply for renewal using Form A of Schedule-I at least three months before its recognition expires. Both stock exchanges and clearing corporations must pay the renewal fee as specified in rule 7. They must also continuously comply with conditions outlined in sub-regulations (3) and (4) of regulation 7.