Article 11 Applications, information and charges

(1)

A requirement to apply for registration as a participant means that an application for registration must—

(a)

be made to the administrator and, unless otherwise agreed by the administrator, be made using the Registry; and

(b)

include—

(i)

the information in section 1 of Schedule 5; and

(ii)

the charge for registration as a participant under article 81.

(2)

When requested by the administrator, the applicant must provide such suitable and up to date evidence of identity as the administrator may require in respect of—

(a)

the intended account holder of the compliance account; and

(b)

the individuals who will access the compliance account.

(3)

The administrator may require other information from applicants or any particular applicant in order to effect a registration.

(4)

The requirements to apply for registration as a participant under this Part apply in respect of each phase.