PART 3Grant of a licence – general
CHAPTER 1Eligibility criteria and prescribed roles for licensees
Duty to inform regulator of changes: individuals in prescribed roles13.
(1)
Where there is to be a change of individual undertaking a prescribed role under this Chapter the licensee must, subject to paragraph (2), inform the regulator in writing, and in advance of making the proposed change.
(2)
Where an individual appointed to a prescribed role—
(a)
dies, or
(b)
is otherwise unable or unwilling to carry out or to continue to carry out that role,
the licensee must inform the regulator in writing as soon as possible.