A short-term bills clearing and depository organization shall register with both the competent authority and the Central Bank before they begin operations; the same procedure shall be required for changes.

The format of the required application documentsspecified in the Regulations shall be determined by theCompetent Authority.

These Regulationsare effectivefrom the date of promulgation.
The articles amended on July 21, 2015 shall come into on July 28, 2015.