Regulation 11 Requirement to check that the authorised independent adviser has permission to carry on regulated activity

When the trustees or managers have received the confirmation that appropriate independent advice has been received, they must check that the company or business providing that advice has permission to carry on the regulated activity under article 53E of the Regulated Activities Order by checking the Financial Services Register maintained by the FCA in accordance with section 347 of the Financial Services and Markets Act 2000 M1 (the record of authorised persons etc.).