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152.—(1) The scheme manager may grant employment authority status on an application under regulation 151 if—
(a)satisfied as to the matters in paragraph (3) of that regulation; and
(b)where an IP guarantee is required, the guarantee has been provided to the scheme manager.
(2) Employing authority status takes effect—
(a)on the date it is granted; or
(b)if later, on such date as the applicant specifies in the application.
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