6.—(1) The function set out in paragraph (2) is prescribed for the purposes of Article 92(5)(u) of the 2005 Order (special procedure: applicable cases).
(2) The function referred to in paragraph (1) is the Regulator’s duty under Article 23(4), and regulations made thereunder, to compile and maintain a register of persons who satisfy prescribed conditions to act as independent trustees, but only in so far as that duty entails the removal of a person from that register if he does not satisfy, or no longer satisfies, any such prescribed condition.