Requirement to be registered
This
adran has no associated
Memorandwm Esboniadol
26.—(1) A person in respect of whom the Commissioners are required to maintain a register under regulation 25 must not act as a—
(a)high value dealer;
(b)money service business; or
(c)trust or company service provider,
unless he is included in the register.
(2) Paragraph (1) and regulation 29 are subject to the transitional provisions set out in regulation 50.