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A registered professional must comply with the following obligations:

(1) Maintain eligibility, including the following:
(a) ensure that he continues to fulfil the eligibility criteria in Rule 212, and such conditions imposed by the Exchange;
(b) notify the Exchange immediately if he ceases to fulfil any of the eligibility criteria or conditions imposed by the Exchange, or has reason to believe that he will cease to do so; and
(2) Exercise skill, care and diligence and comply with the applicable Rules when carrying out the duties and obligations of the sponsor.