Paragraph 13 I1

(1)

Section 120AA (refusal, cancellation or suspension of registration on other grounds) is amended as follows.

(2)

In subsection (1) for “countersign” substitute “ act as the registered person in relation to ”.

(3)

In subsection (2)—

(a)

in paragraph (a) for “countersign” substitute “ act as the registered person in relation to ”, and

(b)

in paragraph (b) for “countersigned” substitute “ acted as the registered person in relation to ”.

Annotations

I1: Sch. 5 para. 13 in operation at 2.11.2015 by S.R. 2015/358, art. 2(m)(i)