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<h1>Permanent registration for credit rating agencies requires a timely application, declaration of changes, eligibility review, and prescribed fees.</h1> Permanent registration requires a timely application in the prescribed form within three months before expiry of initial or existing registration, accompanied by the non refundable application fee and a declaration detailing any changes since initial registration; the application is processed as a fresh initial application, and permanent registration is granted in the prescribed form upon satisfaction of eligibility, with payment of the prescribed fee on grant.