Change of circumstances and registration of additional partners8

1

A person who is registered shall notify the regulation aughtority which maintain the relevant register of any change of circumstances affecting information in the entry relating to him.

2

On—

a

being notified of any change of circumstances in accordance with paragraph (1);

b

accepting a prospective partner’s application for registration in relation to a business carried on by a partnership whose members are already registered; or

c

being directed under section 4(3) of the 1989 Act to register a prospective partner,

the regulation authority shall—

i

amend the relevant entry to reflect the change of circumstances or the registration of the prospective partner;

ii

note in the register the date on which the amendment is made;

iii

if the amendment of the register affects information contained in the certificate of registration, issue to the registered person or partnership free of charge an amended certificate of registration which shall be in the form set out in Schedule 3, or in a form substantially to the like effect, and shall contain the information required by that form;

iv

provide him or them free of charge with a copy of the amended entry in the register.