SCHEDULES

SCHEDULE 11E+WLicensing rules

Part 2 E+WStructural requirements

ManagementE+W

9(1)Licensing rules must require a licensed body to comply with the following requirement at all times.E+W

(2)At least one of the licensed body's managers must be a person (other than a licensed body) who is an authorised person in relation to a licensed activity.

(3)No manager of the licensed body may be a person who under this Part of this Act is disqualified from acting as a manager of a licensed body.

10(1)Licensing rules may make further provision as to—E+W

(a)the managers of licensed bodies, and

(b)the arrangements for the management by them of the licensed body and its activities.

(2)They must not require all the managers of a licensed body to be authorised persons in relation to a reserved legal activity.

Commencement Information

I2Sch. 11 para. 10 in force at 2.8.2010 by S.I. 2010/1118, art. 2(c)