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[F1SCHEDULE 5AU.K.Registry

PART 1U.K.Preliminary

Authorised representatives: fit and proper personU.K.

4.  When assessing for the purposes of this Schedule whether an individual is a fit and proper person to be an authorised representative, the registry administrator may take account of any information or factors that the registry administrator considers relevant, including in particular—

(a)whether the individual is under investigation for, or has been convicted in the preceding 5 years of, a serious offence;

(b)whether the registry administrator considers that the individual may use the account in relation to the commission of an offence under the law of any part of the United Kingdom or a country or territory outside the United Kingdom;

(c)whether the appointment of the individual as an authorised representative would create a conflict of interest.]