(3) The designated delivery warehouse shall formulate, subject to these Measures, the corresponding operation procedures or detailed rules, and may carry out the physical delivery business related to the futures contract only after being examined and approved by the Exchange; and, (4) The Exchange chooses the best, on the basis of the field investigation and assessment result, of the logistics enterprises or production and manufacturing enterprises, and then executes the Designated Delivery Warehouse Agreement. Article 8 The designated delivery warehouse must handle the following matters after being examined and approved by the Exchange: (1) Any and all chops and seals required for issuance by the designated delivery warehouse of the warehouse receipts on par must be registered for filing at the Exchange; (2) The power of attorney for and the signature(s) of the designated special person(s) for the futures delivery business must be registered for filing at the Exchange; (3) Pay the risk security deposit; (4) The futures management personnel of the designated delivery warehouse must be trained by the Exchange with respect to the delivery business; and, (5) Other matters prescribed by the Exchange. The group delivery warehouse does not need to handle the matters as stipulated in item (3) in the preceding paragraph. Article 9 The designated delivery warehouse which applies for waiving the qualification as a designated delivery warehouse shall submit to the Exchange the and shall Application for Waiving the Designated Delivery Warehouse Qualification obtain the Exchange’s approval. Article 10 The following matters shall be handled with respect to the waiver or cancellation of the qualification as a designated delivery warehouse: (1) All of the delivery commodities must be loaded out of the warehouse, or transformed to be physicals or otherwise handled in the manner approved by the Exchange; (2) Any and all claims and debts with the Exchange must be fully settled; and, (3) The risk security deposit is refunded pursuant to the provisions of the Exchange. The group delivery warehouse does not need to handle the matters as stipulated in item (3) in the preceding paragraph.
(3) The designated delivery warehouse shall formulate, subject to these Measures, the corresponding operation procedures or detailed rules, and may carry out the physical delivery business related to the futures contract only after being examined and approved by the Exchange; and, (4) The Exchange chooses the best, on the basis of the field investigation and assessment result, of the logistics enterprises or production and manufacturing enterprises, and then executes the Designated Delivery Warehouse Agreement. Article 8 The designated delivery warehouse must handle the following matters after being examined and approved by the Exchange: (1) Any and all chops and seals required for issuance by the designated delivery warehouse of the warehouse receipts on par must be registered for filing at the Exchange; (2) The power of attorney for and the signature(s) of the designated special person(s) for the futures delivery business must be registered for filing at the Exchange; (3) Pay the risk security deposit; (4) The futures management personnel of the designated delivery warehouse must be trained by the Exchange with respect to the delivery business; and, (5) Other matters prescribed by the Exchange. The group delivery warehouse does not need to handle the matters as stipulated in item (3) in the preceding paragraph. Article 9 The designated delivery warehouse which applies for waiving the qualification as a designated delivery warehouse shall submit to the Exchange the Application for Waiving the Designated Delivery Warehouse Qualification and shall obtain the Exchange’s approval. Article 10 The following matters shall be handled with respect to the waiver or cancellation of the qualification as a designated delivery warehouse: (1) All of the delivery commodities must be loaded out of the warehouse, or transformed to be physicals or otherwise handled in the manner approved by the Exchange; (2) Any and all claims and debts with the Exchange must be fully settled; and, (3) The risk security deposit is refunded pursuant to the provisions of the Exchange. The group delivery warehouse does not need to handle the matters as stipulated in item (3) in the preceding paragraph.
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