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    <title>Conditions of certificate</title>
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    <description>Certificates to intermediaries are subject to conditions: obtain prior Board approval for status or constitution changes, pay applicable fees, comply with securities laws and Board directions, continuously meet regulation 4 requirements, and satisfy eligibility and other regulatory requirements. The Board may add further conditions for investor protection or orderly market development. A complete prior-approval request must include Form A with post-change information and uploaded Part I, and if the Board fails to communicate a decision within the prescribed statutory period, approval is deemed granted.</description>
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