SCHEDULE 2THE REGISTER

6.  Where the registered holder of a ROC and a person whom he wishes to be the substitute (as defined in this paragraph) require in respect of a particular ROC that the Register be amended, by substituting for the name of the registered holder the name of a second person (“the substitute”), (who shall be a person whose name is included on the list maintained pursuant to article 4(4)(b))—

(a)the registered holder and the person whom he wishes to be the substitute shall each submit to the Authority in writing requests which are identical in all material respects and which include the ROC identifier of the ROC to which the request relates; and

(b)the Authority shall, in any September, on the tenth banking day and in all other instances on the fifth banking day after the banking day on which it is first in receipt at the commencement of its working hours of requests which comply with paragraph 6(a) amend the particulars of the ROC recorded in the Register to show the substitute as the registered holder.