Regulation 9

Every person who has been granted a licence to manufacture Specified Singapore Rubber shall abide by the conditions set forth in paragraphs (2) to (5).

Upon receipt of the licence, the licensee shall deposit a sum of $100,000 or an irrevocable letter of credit of an equivalent amount into a fidelity fund held and administered by the Board. Interest on the deposit shall be paid to the licensee annually. If a licensee ceases to manufacture Specified Singapore Rubber either by his own accord or upon withdrawal of his licence by the Board, his deposit shall be refunded within 6 months thereof.

All Specified Singapore Rubber manufactured by the licensee shall comply with the SSR specifications and the licensee shall export only block rubbers meeting such specifications under the code name allocated by the Board. Block rubbers which do not comply with the SSR specifications may be shipped by the licensee only if he obtains special dispensation in writing from the Board which shall not be granted unless the Board is satisfied that such block rubber intended for shipment will meet the buyer's specifications and will not in any way affect the reputation of Specified Singapore Rubber.

The licensee shall keep a true and accurate record of all types of block rubbers brought into his factory for reprocessing.

The licensee shall notify the Board of the following exact hourly capacities of the various units used in processing technically specified rubber and any changes thereto: