Registration requirement for online bond platform providers requires stock broker certification or permitted transitional operation with pending application. No person may act as an online bond platform provider without a certificate of registration from the Board as a stock broker; registered providers must comply with conditions of registration and any additional Board-specified requirements. A transitional allowance lets persons operating prior to the regulation's commencement continue for a limited period or until disposal of a timely application. The Chapter defines an online bond platform as an electronic system, excluding recognised stock exchanges and electronic book provider platforms, for offering and transacting listed or proposed-to-be-listed debt securities.