Competence Requirements definition
Competence Requirements means the mandatory requirements fixed in Contract clause 5 for ensuring the quality of Registration Services during the term of validity of the Contract.
Competence Requirements means mandatory requirements as provided in clause
5.1 of this Contract which requirements shall be fulfilled by the Registrar.
Competence Requirements means and refers to the fit and proper requirements as prescribed by the FAIS Act which an FSP including the Key Individual and Representative needs to comply with within the prescribed time frame. The Competence Requirements include the following :
1.1.8.1 Qualifications of a representative;
1.1.8.2 completed RE;
1.1.8.3 product specific training;
1.1.8.4 class of business training;
1.1.8.5 representative experience in sub-categories;