SCHEDULES

SCHEDULE 11Licensing rules

Part 2Structural requirements

Management

I19

1

Licensing rules must require a licensed body to comply with the following requirement at all times.

2

At least one of the licensed body's managers must be a person (other than a licensed body) who is an authorised person in relation to a licensed activity.

3

No manager of the licensed body may be a person who under this Part of this Act is disqualified from acting as a manager of a licensed body.