(1) Based on the application received in accordance with rule 5, the bank shall examine whether the necessary details and documents have been completed. If the details or documents are not complete or if it deems it necessary to clarify any matter, the bank shall give a written notice to the applicant to submit such details or documents or to make further clarifications in this regard, giving a maximum period of fifteen days.

(3) Sub-rule ( 2) If the information is received, the applicant shall provide the necessary details or documents within the period specified by the bank or if there is a need to clarify any matter.

(4) Sub-rule (3) and Sub-rule (2) of Rule 5 Based on the details or documents received as per the above, if it appears that the hedging facility cannot be provided upon examination of the application, the bank shall inform the applicant of the decision in writing within seven days.