appointed representative
- 107(1) (in relation to cases apart from in (2) (in accordance with section 39 of the Act (other than an authorised person) a person who:
- (a) is a party to a contract with an authorised person (his principal) which:
- (i) permits or requires him to carry on business of a description prescribed in the Appointed Representatives Regulations; and
- (ii) complies with such requirements as are prescribed in those Regulations; and
- (b) is someone for whose activities in carrying on the whole or part of that business his principal has accepted responsibility in writing;
- (a) is a party to a contract with an authorised person (his principal) which:
- 107(2) (in relation to a firm with a permission only to carry on one or more regulated activities prescribed for the purposes of section 39(1E)(a) of the Act) in accordance with section 39 of the Act, a person ("A") who:
- (a) is a party to a contract with another authorised person (A's principal) which:
- (i) permits or requires A to carry on business of a description prescribed in the Appointed Representatives Regulations ("the relevant business"); and
- (ii) complies with such requirements as are prescribed in those Regulations; and
- (b) is someone for whose activities in carrying on the whole or part of the relevant business A's principal has accepted responsibility in writing;
- (a) is a party to a contract with another authorised person (A's principal) which: