SCHEDULES

SCHEDULE 11Recognised professional qualifications

Part 2Requirements for recognition of a professional qualification

Requirement for theoretical instruction or professional experience

7

(1)

The qualification must be restricted to persons who—

(a)

have completed a course of theoretical instruction in the subjects prescribed for the purposes of paragraph 8, or

(b)

have a sufficient period of professional experience.

(2)

The reference in sub-paragraph (1)(b) to “a sufficient period of professional experience” is to not less than seven years' experience in a professional capacity in the fields of finance, law and accountancy.