13—(1) Section 120AA (refusal, cancellation or suspension of registration on other grounds) is amended as follows.N.I.
(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 ”.
Commencement Information
I1Sch. 5 para. 13 in operation at 2.11.2015 by S.R. 2015/358, art. 2(m)(i)