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Article 24 Nominating and approval of authorised representatives ...F14

United Kingdom

Original text. Later amendments are not shown.

1.

When requesting the opening of an account, the prospective account holder F1must nominate a number of authorised representatives F2... in accordance with Article 23.

2.

When nominating an authorised representative F3..., the account holder F4must provide information as required by the F5national administrator. That information must include, at a minimum, the information set out in Annex VIII.

3.

Within 20 working days of the receipt of a complete set of information required in accordance with paragraph 2, the national administrator F6must approve an authorised representative F7..., or inform the account holder of its refusal. Where evaluation of the nominee information requires more time, the F8national administrator may extend the evaluation process by up to 20 additional working days, and notify the extension to the account holder.

4.

The national administrator F9must verify whether the information and documents provided for nominating an authorised representative F10... are complete, up-to-date, accurate and true.

5.

A national administrator may refuse to approve an authorised representative F11...:

(a)

if the information and documents provided are incomplete, out-of-date or otherwise inaccurate or false;

(b)

if the prospective representative is under investigation or has been convicted in the preceding five years for fraud involving allowances or Kyoto units, money laundering, terrorist financing or other serious crimes for which the account may be an instrument;

F12(c)

if the national administrator is not satisfied that the proposed authorised representative is a fit and proper person to act as an authorised representative.

F136.

If the national administrator refuses to approve an authorised representative, the account holder may appeal against the decision in accordance with Article 110c.

Annotations

Textual amendments

F1

Word in Art. 24(1) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(b)(i)

F2

Words in Art. 24(1) omitted (1.5.2021) by virtue of The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(b)(ii)

F3

Words in Art. 24(2) omitted (1.5.2021) by virtue of The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(c)(i)

F4

Word in Art. 24(2) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(c)(ii)

F5

Words in Art. 24(2) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(c)(iii)

F6

Word in Art. 24(3) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(d)(i)

F7

Words in Art. 24(3) omitted (1.5.2021) by virtue of The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(d)(ii)

F8

Words in Art. 24(3) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(d)(iii)

F9

Word in Art. 24(4) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(e)(i)

F10

Words in Art. 24(4) omitted (1.5.2021) by virtue of The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(e)(ii)

F11

Words in Art. 24(5) omitted (1.5.2021) by virtue of The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(f)(i)

F12

Art. 24(5)(c) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(f)(ii)

F13

Art. 24(6) substituted (1.5.2021) by The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(g)

F14

Words in Art. 24 heading omitted (1.5.2021) by virtue of The Greenhouse Gas Emissions (Kyoto Protocol Registry) Regulations 2021 (S.I. 2021/511), regs. 1, 4(15)(a)