Transitional Arrangements (for existing schemes)
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183. For those existing schemes that are seeking approval, a transition period will be allowed where the requirements of the FSP Act and the approval process mean that a scheme must make changes to the current arrangements.
184. Schemes will be permitted to operate under their existing rules until the new arrangements are approved. Following approval, a scheme will be permitted a reasonable lead in time to amend internal processes, e.g. print new brochures, staff training.
Last updated 20 May 2010
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