Part 5Alternative business structures
Regulation of licensed bodies
I1100Lists of disqualified persons
1
The Board must keep lists of persons who are disqualified from—
a
acting as Head of Legal Practice of any licensed body,
b
acting as Head of Finance and Administration of any licensed body,
c
being a manager of any licensed body, or
d
being employed by any licensed body.
2
A person is disqualified from acting in a way mentioned in subsection (1) if—
a
the person has been disqualified from so acting by a licensing authority under section 99, and
b
the disqualification continues in force.
3
The disqualification ceases to be in force if the appropriate licensing authority so determines, on a review or otherwise, in accordance with licensing rules made under paragraph 23 of Schedule 11.
4
The appropriate licensing authority is—
a
the licensing authority which disqualified the person, or
b
if the person was disqualified by an approved regulator which is no longer designated as a licensing authority, the successor licensing authority.
5
The successor licensing authority is—
a
the licensing authority which licenses the body in relation to which the disqualification condition (within the meaning of section 99) was satisfied in respect of the person, or
b
if there is no such licensing authority, the licensing authority designated by the Board on an application by the disqualified person.
6
The Board must publish the lists kept by it under subsection (1).