Acting as participant in more than one depository

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Full Text of the Document

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....rtificate of registration subject to approval by such other depository. (2) Such a participant who desires to act as a participant of another depository shall apply to such other depository for approval in the manner as specified by the Board. (3) On receipt of an application under sub-regulation (2), the depository shall, on being satisfied with the compliance of the provisions of these regulat....