7. Timeframe for Agency's Approval

7.1 The Agency will give its approval within 30 business days for a new applicant, and 15 business days for existing listed issuers, from the date of receipt of all declarations, complete information and documentation required under these Guidelines.
7.2 The Agency's approval must be in written form.
7.3 The Agency retains absolute discretion to accept or reject applications for issuing, offering or listing and that compliance with the relevant conditions may not in itself ensure an applicant's suitability for issuing and listing.