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[F1SCHEDULE 5AU.K.Registry

PART 3U.K.Accounts

CHAPTER 2U.K.Account representatives

Suspension of access to registry of authorised representativesU.K.

18.(1) The registry administrator may suspend an authorised representative's access to the registry in either of the following circumstances—

(a)if the registry administrator considers that the suspension is necessary to ensure that the registry is secure and protected from misuse;

(b)if the registry administrator considers that the authorised representative has ceased to be a fit and proper person to be an authorised representative.

(2) Where the registry administrator suspends an authorised representative's access to the registry, the registry administrator must give notice of the suspension to the account holder as soon as reasonably practicable.

(3) A notice under sub-paragraph (2) must include the reason for the suspension unless the registry administrator considers that its inclusion might prejudice the investigation or prosecution of an offence under the law of any part of the United Kingdom or a country or territory outside the United Kingdom or would be contrary to the interests of national security.

(4) Where, after a suspension under sub-paragraph (2), the registry administrator subsequently considers that the circumstances giving rise to the suspension no longer exist, the registry administrator must as soon as reasonably practicable—

(a)lift the suspension;

(b)give notice to the account holder that the suspension has been lifted.]