An application for a licence or for the renewal of a licence in terms of the Act must comply with the following conditions:
| (a) | A person who applies for an exchange, central securities depository or clearing house licence must submit to the Registrar a written application on Form SS 1 accompanied by— |
| (i) | the information specified in Annexure 1 to Form SS 1; and |
| (ii) | the information required in respect of members of the controlling body of the applicant specified in Annexure 2 to Form SS 1. |
| (b) | A person who applies for the renewal of an exchange, central securities depository or clearing house licence must submit to the Registrar a written application on Form SS 2 accompanied by the information specified in Annexure 1 to Form SS 2; |