PART 3 Requirements in relation to Regulated Activities

SECTION 1 Requirements relating to persons carrying on or managing a regulated activity

6 Requirement where the service provider is a body other than a partnership
1 This regulation applies where the service provider is a body other than a partnership.
2 The body must give notice to the Commission of the name, address and position in the body of an individual (in these Regulations referred to as “the nominated individual”) who is—
(a) employed as a director, manager or secretary of the body, and
(b) responsible for supervising the management of the carrying on of the regulated activity by the body.
3 The registered person must take all reasonable steps to ensure that the nominated individual—
(a) is of good character,
(b) has the necessary qualifications, skills and experience to properly supervise the management of the carrying on of the regulated activity,
(c) is able by reason of their health, after reasonable adjustments are made, of properly doing so, and
(d) is able to supply to the registered person, or arrange for the availability of, the information specified in Schedule 3.