S.L. 583.5 Art. 10Eligibility for a licence.

(1) A person is not eligible to hold a licence unless such person is established in the European Economic Area.

(2) Where the applicant for a licence is a body corporate, such applicant may apply for a licence either for itself only or for its corporate group.

(3) In the case where a licence application is for a corporate group, all references in these regulations to an applicant shall be deemed to refer to each and all members of the corporate group, and where such licence is granted each member of the corporate group and all of them jointly and severally shall be deemed to be a licensee.