s 50 Application for approval or recognition
50.—(1) A Singapore corporation may apply to the Authority to be —(a) approved as an approved clearing house; or (b) recognised as a recognised clearing house.[34/2012] (2) A foreign corporation may apply to the Authority to be recognised as a recognised clearing house.[34/2012] (3) An application under subsection (1) or (2) must be —(a) made in such form and manner as the Authority may prescribe; and (b) accompanied by a non‑refundable prescribed application fee, which must be paid in the manner specified by the Authority.[34/2012] (4) The Authority may require an applicant to provide the Authority with such information or documents as the Authority considers necessary in relation to the application.[34/2012]