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Article 21

The Exchange's Internal Regulations shall be issued by and pursuant to an order of the Minister of Commerce, upon a recommendation from the Exchange's Board. Pending the issue of the Exchange's Internal Regulations, the Minister of Commerce shall be empowered to issue provisional orders regulating the work at the Exchange.

Regulations shall, in particular, determine the authority of the Chairman of the Board, the Exchange's Director, procedures for the convention of the Exchange's Board meetings, procedures for deliberations, the necessary quorum for the valid convention of such meetings, and adoption of its resolutions, registration and membership fees.

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