SCHEDULES
SCHEDULE 2 Restrictions on the Holding of Licences
Part II Disqualification for Holding Licences
General disqualification on grounds of undue influence
4
1
A person is a disqualified person in relation to a licence granted by the Commission or the Authority if in the opinion of that body—
a
any relevant body is, by the giving of financial assistance or otherwise, exerting influence over the activities of that person, and
b
that influence has led, is leading or is likely to lead to results which are adverse to the public interest.
2
In sub-paragraph (1) “relevant body”—
a
in relation to a licence granted by the Commission, means a body falling within paragraph 1(1)(c) to (h) or (j) above or a body which is controlled—
i
by a person falling within paragraph 1(1)(c) to (g) above, or
ii
by two or more such persons taken together; and
b
in relation to a licence granted by the Authority, means a body falling within paragraph 1(1)(c) to (h) or (j) or 3 above or a body which is controlled as mentioned in paragraph (a)(i) or (ii) above.