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27. Where a declaration complying with regulation 26(2) is submitted under paragraph (1) of that regulation, the competent body shall—
(a)register the person submitting the declaration as an intermediary who may exercise the intermediary activity concerned, and
(b)in accordance with Article 10.1 of Directive 95/69, as read with Articles 8 and 9 of, and the Annex to, Directive 98/51, enter the intermediary on a list, which the competent body shall maintain, under an individual registration number which identifies the intermediary, as an intermediary registered for the exercise of that activity.
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