Regulations Governing the Responsible Persons and Business Staff Members of Bills Houses Article 17

If an associated person of a bills house employed or transferred within two (2) years subsequent to the promulgation of the Act does not comply with the provisions set forth in Article 13 herein, such associated person may carry out registration in accordance with Paragraph 1, Article 14 herein.For staff members of a bills house who are registered pursuant to the preceding paragraph, the Bills Finance Association shall void their registration, provided they have not met the qualification requirement set out in Subparagraph 1 or 2, Paragraph 1 of Article 13 herein by the date on which the Act has been implemented for two years.