Regulations 7 to 12 apply to registration as an account information service provider as they apply to authorisation as a payment institution, but as if -
(a) references to authorisation were references to registration;
(b) in regulation 7 (imposition of requirements), paragraph (4) were omitted;
(c) in regulation 8 (variation at request of authorised payment institution) -
(i) for "an authorised payment institution" there were substituted "registered account information service provider";
(ii) paragraphs (a) and (b) were omitted; and
(iii) for "provided that" to the end there were substituted "provided that the conditions set out in regulation 18(3) and (4) are being or are likely to be met.";
(d) in regulation 10(1) (cancellation of authorisation) for sub-paragraph (e) there were substituted -
"(e) the person does not meet, or is unlikely to meet, the conditions set out in regulation 18(3) and (4);"; and
(e) in regulation 12(1) (variation of authorisation on FCA's own initiative) for
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