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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2015 - onwards
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Article 9 Meaning of eligible individual

(1) An individual is an eligible individual in relation to a UK deposit-taker if -

(a) that individual has provided to that UK deposit-taker a statement complying with paragraph (2)(a "declaration of eligibility"); and

(b) that declaration of eligibility is -

(i) accompanied by a statement signed and dated by a recognised accountant in accordance with paragraph (5)(a "confirming statement"), or

(ii) accepted by the UK deposit-taker to which that declaration is given without a confirming statement, in accordance with paragraph (6).

(2) A declaration of eligibility must -

(a) confirm that the individual giving the declaration meets the condition in paragraph (3);

(b) specify the period in respect of which the individual giving the declaration has calculated that they meet the condition in paragraph (3) (the "eligibility calculation period"); and

(c) be signed and dated by the individual giving the declaration.

(3) The condition mentioned in paragraph (2)(a) is that on average duri

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