(1) Subject to articles 95 and 96, the FCA must include in the record every person who -
(a) as a result of information obtained by virtue of its rules or by virtue of a direction given, or requirement imposed, under section 55U(4) of the Act (procedure for applications under Part 4A), appears to the FCA to fall within paragraph (2); or
(b) as a result of information obtained by virtue of article 94, appears to the FCA to fall within paragraph (3).
(2) A person falls within this paragraph if he is, or has entered into a contract by virtue of which he will be, an appointed representative who carries on any insurance distribution activity.
(3) A person falls within this paragraph if -
(a) he is a relevant member of a designated professional body who carries on, or is proposing to carry on, any insurance distribution activity; and
(b) the general prohibition does not (or will not) apply to the carrying on of those activities by virtue of section 327 of the Act (exemption from the genera
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