Financial security and Deposit requirements

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Full Text of the Document

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.... of the Authority, a sum equivalent to- (a) USD 10,000 (USD Ten thousand only), which shall not be released without the prior written permission of the Competent Authority; and (b) 10% of the minimum paid-up equity capital or assigned capital as specified under regulation 13 of these regulations, which shall not be released without the prior written permission of the Competent Au....