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Regulation 25 Interpretation of Part IV

Original text. Later amendments are not shown.

In this Part—

  • “the applicable minimum conditions laid down in the Annex to Directive 95/69/EC” means the minimum conditions laid down or referred to in—

    1. (a)

      point 7 of Chapter I.1(b) of the Annex to Directive 95/69/EC in the case of an application to approve a person as an intermediary who may exercise the intermediary activity specified in regulation 18(1)(a); and

    2. (b)

      point 7 of Chapter I.2(b) of the Annex to Directive 95/69/EC in the case of an application to approve a person as an intermediary who may exercise the intermediary activity specified in regulation 18(1)(b);

  • “approved intermediary” means a person approved by the enforcement authority as an intermediary who may exercise an intermediary activity;

  • “eligible person” means a person who is entitled to apply to the enforcement authority in accordance with the provisions of the first paragraph of Article 4.1 of Directive 95/69/EC or the first paragraph of Article 4.2 of that Directive to be approved as an intermediary who may exercise an intermediary activity;

  • “essential conditions” means the essential conditions contained or referred to in—

    1. (a)

      point 7 of Chapter I.1(b) of the Annex to Directive 95/69/EC in the case of the exercise of the intermediary activity specified in regulation 18(1)(a); and

    2. (b)

      point 7 of Chapter I.2(b) of the Annex to Directive 95/69/EC in the case of the exercise of the intermediary activity specified in regulation 18(1)(b); and

  • “intermediary activity” means an activity specified in sub-paragraph (a) or (b) of regulation 18(1).