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    <title>Procedure for issuance of Certificate</title>
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    <description>Insurance intermediary registration follows a two-stage process of in-principle approval and subsequent certification. In-principle approval requires compliance with minimum capital infusion, branch-head training, professional indemnity insurance, and further necessary conditions. Registration may be granted after compliance with applicable legal and regulatory requirements. Certificates are valid for three years unless revoked or cancelled. Applicants must receive notice of deficiencies and time to rectify them, and must be given an opportunity to make written submissions before registration is refused.</description>
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