thirty –days period. The Office may extend the consideration process as necessary. In case where the period of time as specified in the second paragraph expires but the Office has not yet notified or make

necessary. In case where the period of time as specified in the second paragraph expires but the Office has not yet notified or made any orders to securities company. It shall be deemed that the Office grants

sandbox expires according to the procedures and methods specified in the Licensing Manual for the Public. The SEC shall complete the consideration of the application for extension under Paragraph 3 within

the month when the one year period expires to the client at least once a year within the fifth business day of the following month, except the case where the client does not have any asset left under

each mutual fund, which shall be submitted as per Form 117-8 attached to this Notification within fourteen days from the next following date after such mutual fund manager commences or terminates such

from the date on which the disruption occurs. Once the major operational disruption ends, intermediaries shall notify the SEC without delay. Clause 10 Intermediaries shall keep documents and evidence

details at the earliest time but no later than the next business day from the date on which the disruption occurs. Once the major operational disruption ends, the securities company shall notify the Office

specified by the Office under the first paragraph, it shall be deemed that the exemption from appointment of independent director granted by the Office is terminated as from the date on which such period ends

shall be an entitlement of unallocated subscribers’ rights to receive interest at the rate of not less than seven point five percent per annum from the date after such period ends; (b) prohibition of

period ends; (b) prohibition of using subscription money in excess of the total amount expected to obtain from the offering for any other business before returning money to unallocated subscribers