Paragraph 5 Financial position

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 1 para. 1 substituted by Land Registration (Network Access) 2011 rule 6(1)
Sch. 1 para. 2(1) words substituted by Land Registration (Network Access) 2011 rule 6(2)(a)
Sch. 1 para. 2(2) substituted by Land Registration (Network Access) 2011 rule 6(2)(b)
Sch. 1 para. 2(3) omitted by Land Registration (Network Access) 2011 rule 6(2)(c)
Sch. 1 para. 3(2) words substituted by Land Registration (Network Access) 2011 rule 6(3)
Sch. 1 para. 7(c) words substituted by Land Registration (Network Access) 2011 rule 6(4)
Sch. 1 para. 7(d) words inserted by Land Registration (Network Access) 2011 rule 6(5)
Sch. 1 para. 9(1)(b)(iii) words omitted by Land Registration (Network Access) 2011 rule 6(6)(a)
Sch. 1 para. 9(1)(b)(v)(vi) added by Land Registration (Network Access) 2011 rule 6(6)(b)
Sch. 1 para. 9(2)(c) word omitted by Land Registration (Network Access) 2011 rule 6(7)(a)
Sch. 1 para. 9(2)(e) and word added by Land Registration (Network Access) 2011 rule 6(7)(b)
Sch. 1 para. 10 added by Land Registration (Network Access) 2011 rule 6(8)

That the applicant demonstrates to the reasonable satisfaction of the registrar that he will be able to meet his likely obligations to the registrar in respect of the payment of fees prescribed under section 102 of the Act and charges payable under the terms of the agreement for applications made to and services to be provided by the registrar through the land registry network.