Explanatory note

Regulation 3 of these Regulations prescribes a requirement under section 15(3)(a) of the Private Security Industry Act 2001 (“the 2001 Act”) which the Security Industry Authority (“the SIA”) must be satisfied will be met before granting an approval under section 15 of the Private Security Industry Act 2001 for the purposes of the Approved Contractor Scheme. It will be complemented by a number of other conditions which will be set by the SIA and imposed under section 15(3)(c) of the 2001 Act. Regulation 4 of these Regulations prescribes the fee that must be paid by a person on application for approval under section 15 of the 2001 Act and regulation 5 prescribes the annual fee which must be paid by an approved person in respect of each person undertaking licensable conduct, within the meaning of section 3 of the 2001 Act, on behalf of him or under his direction.