CHAPTER 1General
Applications, information and charges
11.—(1) A requirement to apply for registration as a participant means that an application for registration must—
(a)be made to the administrator and, unless otherwise agreed by the administrator, be made using the Registry; and
(b)include—
(i)the information in section 1 of Schedule 5; and
(ii)the charge for registration as a participant under article 81.
(2) When requested by the administrator, the applicant must provide such suitable and up to date evidence of identity as the administrator may require in respect of—
(a)the intended account holder of the compliance account; and
(b)the individuals who will access the compliance account.
(3) The administrator may require other information from applicants or any particular applicant in order to effect a registration.
(4) The requirements to apply for registration as a participant under this Part apply in respect of each phase.
Time for applications
12. An application for registration as a participant under this Part must be made in respect of—
(a)the first phase, on or before 30th September 2010;
(b)the second and subsequent phases, within 6 months of the beginning of the phase.
Registration and certificates
13.—(1) Where the administrator is satisfied that an application has been duly made, it must—
(a)register the applicant as a participant;
(b)issue a certificate of registration to the participant, the certificate to be in such form as the administrator thinks fit.
(2) An applicant registered under paragraph (1) is a participant for the relevant phase, unless the administrator cancels that registration.
(3) The administrator must maintain an up to date list of participants.