To:  ACCOUNT_JOB_COMPANY (the "Company")

ACCOUNT_JOB_ADDRESS_MULTI_LINE

Dated: 22 December 2024

Dear Sirs / Madams,

Authorisation for Securities Borrowing / Lending under Margin Account

Re: Account Opened under the Name _________________________________________

1. I/We hereby authorise and request you, for a period of PERIOD months from the date hereof in relation to all securities purchased or held for or on my/our behalf to:-

(i) deposit such securities as collateral for loans or advances made to you by a financial institution;

(ii) borrow or lend such securities for the purpose of the fulfilment of settlement obligations between Exchange members, without notice to me/us.

Such stock borrowing and lending is to be in accordance with Exchange regulations. Any consideration payable by or to me/us for the borrowing, lending, or deposit of securities under this authorisation is to be set by separate treaty. 

You remain responsible to me/us for securities borrowed, loaned, or deposited under this authorisation.

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