(1) Registration as a designated mortgage credit institution authorises the institution named in the certificate of registration to carry on the business of a designated mortgage credit institution in accordance with this Act.
(1A) Registration as a designated commercial mortgage credit institution authorises the institution named in the certificate of registration to carry on the business of a designated commercial mortgage credit institution in accordance with this Act.
(2) Registration as a designated public credit institution authorises the institution named in the certificate of registration to carry on the business of a designated public credit institution in accordance with this Act.
(3) A designated credit institution shall comply with the conditions contained in its certificate of registration or in any document that was issued with the certificate.
(4) The fact that the Authority has registered a person as a designated credit institution does not of itself make the Authority
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