120. Qualification for recognition

Past version: effective from 20/10/2015 - 19/10/2015
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The Regulator may make Rules setting out the requirements ("Recognition Requirements") —

(a) which must be satisfied by an investment exchange or clearing house if it is to qualify as a body in respect of which the Regulator may make a recognition order under this Part; and
(b) which, if a recognition order is made, it must continue to satisfy, if it is to remain a Recognised Body.