SCHEDULES

SCHEDULE 5Connected Persons

Regulation 65(3)

Corporate Bodies1

If the relevant person or payment service provider is a body corporate, any person who is or has been—

a

an officer or manager of the body corporate;

b

an officer or manager of a parent undertaking of the body corporate;

c

an employee of the body corporate;

d

an agent of the body corporate; or

e

an agent of a parent undertaking of the body corporate.

Partnerships2

If the relevant person or payment service provider is a partnership, any person who is or has been a member, manager, employee or agent of the partnership.

Unincorporated Associations3

If the relevant person or payment service provider is an unincorporated association of persons which is not a partnership, any person who is or has been a member, an officer, manager, employee or agent of the association.

Individuals4

If the relevant person or payment service provider is an individual, any person who is or has been an employee or agent of that individual.