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S.L. 376.6 · Equity Release Financial Products (S.L. 376.6)

S.L. 376.6 чл. 7Enforcement and monitoring.

PART IV

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It shall be the responsibility of the competent authority to:

(a) monitor the working and effectiveness of these regulations and to take such measures as may be deemed necessary in order to ensure compliance with these regulations; and

(b) supervise creditors in terms of these regulations and ensure that there is compliance by them with the obligations established under these regulations.