38. Costs of investigation of suitability to be borne by licensed international market agent

For the purposes of meeting any costs arising out of investigations in connection with the suitability of any licensed international market agent to continue to hold a licence, the Authority may, from time to time, give a written notice to the licensed international market agent to pay such estimated costs to the Authority within such period of time as may be specified in the notice.

Regulation 12(3) and (4) shall apply, with the necessary modifications and subject to this regulation, to any costs of investigation of suitability under paragraph (1) as it does to the costs of investigation of applications under regulation 12(1).

For the purposes of meeting any costs arising out of investigations in connection with the suitability of any licensed international market agent to continue to hold a licence, the Authority may, from time to time, give a written notice to the licensed international market agent to pay such estimated costs to the Authority within such period of time as may be specified in the notice.

Regulation 12(3) and (4) shall apply, with the necessary modifications and subject to this regulation, to any costs of investigation of suitability under paragraph (1) as it does to the costs of investigation of applications under regulation 12(1).