A Scheme that is a Body Corporate does not carry on a Financial Service referred to in GEN Rule 2.30.2(1) or (3) if:
(a) it is operated by a Person who is authorised under a Licence to Operate a Scheme; and
(b) the DFSA has approved the Scheme under COB Rule 12.2.2.
Derived from RMI260/2019 (Made 18th December 2019).[VER47/01-20]