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Regulation 32 Interpretation of Part V

Original text. Later amendments are not shown.

In this Part—

  • “the applicable conditions” means the conditions laid down or referred to in point 7 of Chapter II(c) of the Annex;

  • “eligible person” means a person who is entitled to apply to the competent body, in accordance with Article 9.1 or 9.2 of Directive 95/69, to be registered as an intermediary who may exercise an intermediary activity;

  • “essential conditions” means the essential conditions laid down or referred to in point 7 of Chapter II(c) of the Annex;

  • “intermediary activity” means an activity specified in sub-paragraph (a) or (b) of regulation 26(1);

  • “registered intermediary” means a person registered by the competent body as an intermediary who may exercise an intermediary activity.