Unit Standard No.12164Page 92
(d) has at any time prior to the date of application or other statutorily created, recognised or regulated body, irrespective of whether such disqualification has since been lifted or not.
(4) An applicant must at the disposal of or which may be accessible to the applicant and which may be relevant for purposes of a decision by the registrar that the applicant complies or does not comply with subparagraph (1).
The test for operation ability is simple,
The requirement in the determination is as follows:
4. (1) An applicant must have and be able to maintain the operational ability to fulfil the responsibilities imposed by the Act on licensees, including the following minimum requirements:
(a) A from which business is conducted and which can also serve as a domicilium citandi et executandi for purposes of entry into contract and any judicial or quasi-judicial proceedings;
(b) or cell phone service, and typing and document duplication facilities;
(c) , and business communications and correspondence; and
(d) including, where necessary, a specific trust account for client moneys.
(2) An applicant must procedures required under the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001).
INSMAT final materials31/10/03