s 9 Power of Board to approve clearing house
9.—(1) A body corporate may apply to the Board for approval as a clearing house in such form and manner as may be prescribed and the body corporate must, in connection with that application, provide such information as the Board may require. (2) The Board may in writing approve a body corporate as a clearing house if it is satisfied that —(a) the business rules of the body corporate make satisfactory provision relating to the registration of, and guaranteeing to its members of the performance of, commodity contracts made in a commodity market; and (b) the interests of the public will be served by granting the application.