Regulation 6 Amendment of regulation 5
(1)
Regulation 5 (fit and proper persons: directors) is amended as follows.
(2)
For paragraph (1) substitute—
“(1)This regulation applies where the service provider is a body other than a partnership.”
(3)
In paragraph (2)—
(a)
for “the service provider”, in the first place it appears, substitute “a service provider”, and
(b)
in sub-paragraph (b), omit “such”.