s.8Consequence of refusal of registration
8
Section 8Part 2REGISTERED DIRECTORS

Consequence of refusal of registration

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Where the Authority refuses to register an applicant under this Part, the applicant shall not serve as a director for any covered entity.
Notwithstanding subsection (1), a person who is refused registration by the Authority may re-apply for registration if there is a material change in the circumstances relevant to the application.