(1)A licensed club must—
(a)prepare a personnel statement (within the meaning of section 16), and
(b)submit it to the IFR for approval.
(2)A statement submitted to the IFR for approval must be accompanied by a statement explaining why the club considers the statement to be accurate (but this is subject to subsection (8)).
(3)The IFR—
(a)may approve the statement with or without modifications, and
(b)may approve the statement only if satisfied that it is accurate.
(4)Before approving the statement with modifications, the IFR must consult the club.
(5)The club must publish the approved statement online as soon as reasonably practicable after the IFR approves the statement.
(6)The first statement must be submitted to the IFR as soon as reasonably practicable after the club becomes a licensed club, subject to subsection (8).
(7)A new statement must be submitted to the IFR as soon as reasonably practicable after the most recent approved statement becomes inaccurate in a material particular.
(8)Where the first personnel statement submitted by a club to the IFR in accordance with subsection (6) would be the same as the personnel statement submitted by the club to the IFR under section 16, the club may require the IFR to treat the statement submitted under that section as its first personnel statement for the purposes of this section.
Commencement Information
I1S. 52 in force at Royal Assent for specified purposes, see s. 100(2)(g)