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Regulation 51 Conditions

Original text. Later amendments are not shown.

(1)

A person’s appointment as the deposit management organisation may be subject to such conditions (if any) as the Secretary of State considers appropriate (see paragraph 2(3)(a)(iii) of Schedule 5).

(2)

The Secretary of State may by notice in writing vary or revoke any condition to which the deposit management organisation is subject.

(3)

The deposit management organisation must comply with any conditions imposed by the Secretary of State under this regulation and Schedule 5.