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Paragraph 12

Original text. Later amendments are not shown.

The administrator may only reject an application made under this Part if—

(a)

the applicant is not eligible to be a low-volume CRTS participant or a low-volume VRTS participant because it does not fall within paragraph 5 or 6, as the case may be; or

(b)

the application is incomplete and the applicant does not provide the missing information within the time period specified in a request for the information made in writing by the administrator.