certification employee

(1) (as described in more detail in section 63E(1) of the Act (Certification of employees by authorised person)) an employee (as defined) of an SMCR firm who has a valid certificate issued by that SMCR firm.227

(2) (in relation to an SMCR insurance firm) an employee (as defined in section 63E of the Act) of an SMCR firm who performs a certification function under an arrangement entered into by the SMCR firm in relation to the carrying on by the SMCR firm of a regulated activity, even though the obligation of the SMCR firm to issue a certificate under section 63F of the Act has not yet come into force.227

[Note: Paragraph (2) of this definition applies until (but not on) 10th December 2019.]227