Article 27 - Application
(1) An Application for an Authorisation may be made to the Regulatory Authority by:
(C) a body corporate;
(D) a partnership; or
(E) an unincorporated association.
(2) Authorisation constitutes an approval, authorisation or licence for the purposes of Article 11(2) of the QFC Law .
(3) An Authorised Firm may apply to the Regulatory Authority to vary its Authorisation . A variation may include:
(A) extending an Authorised Firm's Authorisation to include Regulated Activities other than those in respect of which it already has an Authorisation ;
(B) varying conditions restrictions or requirements imposed on its Authorisation in accordance with Article 29(1) or 31(2); or
(C) withdrawing its Authorisation in respect of one or more Regulated Activities .
(4) The Applicant for an Authorisation , variation of an Authorisation or withdrawal of Authorisation as a whole may withdraw its Application by giving the Regulatory Authority notice at any time before the Regulatory Authority determines the Application .
Amended by QFC Reg 2010-2 (as from 9th December 2010) |