Article 42 - Form and content of Application

(1) An Application for approval under Article 41 shall be in such form and contain such information as may be prescribed by the Regulatory Authority from time to time.
(2) The Regulatory Authority may waive any of its requirements as to form and contents of an Application under Article 41 provided that it is satisfied that the required information is provided by other means, or the information is not necessary in the circumstances.
(3) The Regulatory Authority may require the Applicant to provide further information which it reasonably requires to be able to decide whether to approve an Application under Article 41.
(4) If at any time between the making of an Application under this Article and the grant, modification or withdrawal of approval by the Authority, the Applicant, the Person in respect of whom the Application is made or the signatories to the relevant Application forms become(s) aware of a material change which is reasonably likely to be relevant to the Application, the Applicant, Person or signatories (as the case may be) shall inform the Regulatory Authority without delay.
Amended by QFC Reg 2010-2 (as from 9th December 2010)