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Art. 7. Arbitration  
The applicant for a Depository member is obliged to declare in writing his agreement to comply with the Rules and Regulations of the Depository and the orders of the Depository bodies as well as to submit any disputes between him and the other members of the Depository and between him and the Depository in accordance with the legislation related to the activities of the Depository, to the judgments of the Arbitration Court of the Central Depository. This agreement has the virtue and the meaning of an arbitration clause.