Amendment of regulation 17
This section has no associated Explanatory Memorandum
21. In regulation 17 (account manager - withdrawal by Board of approval), in paragraph (2)—
(a)omit the “or” after sub-paragraph (a);
(b)after sub-paragraph (b) insert—
“; or
(c)that a person to whom they have given approval to act as an account manager has not, within a period of 18 months beginning with the day on which approval was given, acted as an account manager in respect of an account.”.