Regulation 34 Refusal to grant an accreditation
The CAA must refuse to grant an accreditation as an accredited body or a variation to such an accreditation for the purposes of these Regulations unless—
(a)
the applicant is an ATOL holder; and
(b)
the CAA is satisfied that the applicant's—
(i)
organisation, staffing, financial and other arrangements; and
(ii)
conditions of membership and its arrangements for supervising its members,
are such that a person dealing with a member of the accredited body will receive a level of protection which is equivalent to the one they would receive if dealing similarly with an ATOL holder that is not an accredited body.