Grant of authorisation

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nt Service Provider, grant a Certificate of Authorisation to the Applicant subject to such conditions as the Authority may deem fit. (2) The Certificate of Authorisation granted under sub-regulation (1) shall be valid unless revoked by the Authority or surrendered by the Payment Service Provider. (3) Every application for authorisation shall be processed by the Authority as soon as possible ....