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CSD-3.5.4

The CBB may, by notice in writing to the licensed clearing house or licensed central depository, extend the period referred to in rule CSD-3.5.3:

(a) To a maximum of 45 business days from the day of receipt of a completed application referred to in rule CSD-3.5.1; or
(b) For a further period of such duration as the CBB thinks fit upon the expiry of the 45 business days referred to in (a) above.
Amended: April 2016