The application will be subject to the following process:

(1) The eligibility criteria will be checked for fulfilment.
(2) An opinion may be obtained from the advisory panel referred to in Rule 237.
(3) The Exchange may visit the office of the applicant.
(4) With regard to sponsor applicants — key officers, proposed registered professionals and employees undertaking sponsor activities, will be screened and may be interviewed.
(5) With regard to registered professional applicants — the applicants will be screened and may be interviewed by the Exchange.