SUP 8.1 Application and purpose

This chapter is relevant to an applicant for a Part IV permission, as if that applicant were a firm. Where the chapter refers to usualsupervisory contact, the applicant should read this as being the usual contact inCorporate Authorisation.1

A recognised body should see REC 3.3 for information on waivers of rules in REC under section 294 of the Act.

This chapter is not relevant to the functions of the UKLA, that is the FSA acting in its capacity as the competent authority for the purposes of Part VI of the Act (Official Listing).

This chapter explains how the regime for the waiver or modification of rules works.