6.—(1) An application for a licence or renewal thereof shall be in such form as the Board may determine together with any annexures the Board may require and shall be enclosed in a sealed envelope and lodged with the Board.
(2) An application for a licence shall be accompanied by —
(a)
a detailed statement of the applicant’s assets and liabilities signed by the applicant; or
(b)
in the case of an applicant which is a corporation, a copy certified by a director or the secretary of the corporation to be true copies of —
(i)
the last balance-sheet; and
(ii)
the last profit and loss account,
incorporating the results of the last financial year, such documents (including every document required by law to be annexed or attached thereto) having been audited by the corporation’s auditors, and to be submitted with a copy of the report of the auditors, certified as a true copy as aforesaid.
(3) An application for a licence or renewal thereof shall be accompanied by a self-addressed envelope (of the applicant) of such minimum size as the Board may require which is affixed with a postage stamp of such value as the Board may require.
(4) An application for approval as a Commodity Futures Exchange or commodity market shall be in such form as the Board may determine and shall be accompanied by a copy of the rules and Memorandum and Articles of Association of the proposed Exchange or the commodity market, certified to be the true copies thereof by the person signing the application.
Change of address
7.—(1) Every person approved under section 5(2) of the Act as a commodity market or a Commodity Futures Exchange, and every holder of a licence granted under section 14 of the Act shall, upon any change in the address of the principal place of business at which he carries on the business in respect of which the approval or licence is granted, immediately notify the Board of the new address in such form as may be determined by the Board.
(2) Every person referred to in paragraph (1) shall immediately notify the Board in writing upon ceasing to carry on the business in respect of which the approval or licence is granted.
(3) Every holder of a representative’s licence who ceases to be a representative of a spot commodity broker, commodity broker or commodity futures broker, commodity trading adviser or commodity futures trading adviser, or commodity pool operator, commodity futures pool operator or spot commodity pool operator in relation to whom the representative’s licence was issued, shall immediately so notify the Board in writing.
Register of licences, etc.
8.—(1) The Board shall keep in such form as it thinks fit a register of the persons approved under section 5(2) of the Act and the holders of licences granted under section 14 of the Act specifying —
(a)
in relation to each person or licensee —
(i)
his name;
(ii)
the address of the principal place of business at which he carries on the business in respect of which the approval or licence is granted; and
(iii)
where the business is carried on under a name or style other than the name of the approved person or holder of the licence, the name or style under which the business is carried on; and
(b)
in relation to each holder of a representative’s licence —
(i)
his name;
(ii)
the name of the spot commodity broker, commodity broker or commodity futures broker, commodity trading adviser or commodity futures trading adviser, or commodity pool operator, commodity futures pool operator or spot commodity pool operator in relation to whom the licence was granted; and
(iii)
where the business of that broker, trading adviser or pool operator is carried on under a name or style other than the name of the broker, trading adviser or pool operator, the name or style under which that business is carried on.
(2) Any person may, upon payment of the fee specified in the First Schedule, inspect and obtain extracts from the register kept under paragraph (1).
(3) Any extract referred to in paragraph (2) purporting to be signed by an officer authorised by the Board shall be admissible as prima facie evidence in any legal proceedings under the Act.
Fees
9. The fees specified in the First Schedule shall be payable to the Board.