). However, such exemption shall apply to only one applicant for each management company and shall be terminated once such person no longer performs such duty or holds such position. Clause 4. Any applicant
company and shall be terminated once such person no longer performs such duty or holds such position. Clause 4. Any applicant seeking an approval to act as a mutual fund manager shall not possess any of the
terminated due to the unsuccessfulness of the mediation, as the case may be. If the claimant fails to notify the list of his selected arbitrators within such period of time, it shall be deemed that the
statement of claim or the date on which the mediation of dispute is terminated due to the unsuccessfulness of the mediation, as the case may be. If the claimant fails to notify the list of his selected
the person who have already obtained an approval to perform function in any position under Clause 8(1) (2) or (4), and such period of approval has not ended, the approval of all kinds shall end in
(1) (2) or (4), and such period of approval has not ended, the approval of all kinds shall end in concurrent with the period of the latest approval. (3) in case of the personnel under Clause 8(3), the
establishment of a fund is terminated under the rules in Division 3 of Chapter 2, the management company shall proceed in accordance with such rules stipulated therein. Chapter 1 Requirements on the Application