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AUTHORIZED PERSON

BULLIONFOX ELIGIBILITY CRITERIA

A CO-OPERATIVE SOCIETY SHALL BE ELIGIBLE TO BE APPOINTED AS AN "AUTHORIZED PERSON"

  • if all the Members / Directors by whatever name called, of the Managing Committee / Governing Body comply with the requirements contained in clause 4.1 above. However, in respect of clause at 4.1 (f) above, the Exchanges may at their discretion relax the criteria of educational qualifications.
  • if the object clause of the Memorandum of Association of the co-operative society contains a clause permitting the co-operative society to deal in commodity derivatives contracts.

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