14ARule about registrations under ACIS needing to further the purpose of the Act

#### 14A Rule about registrations under ACIS needing to further the purpose of the Act (1) This section applies to an applicant for registration under ACIS other than an applicant who has been given permission by the Minister under section 20 to apply for registration. (2) Even if an applicant to whom this section applies meets the requirements for registration under ACIS, the Secretary, under section 26, must not grant the application for registration unless the Secretary is satisfied that registering the applicant would further the purpose of the Act set out in section 3. (3) In this section, requirements for registration under ACIS means all of the registration requirements applicable to an applicant to whom this section applies including the requirements set out in: (a) if the applicant is applying for registration as an MVP—paragraph 16(1)(a) or (b); or (b) if the applicant (not being a group of related companies that is treated as a single person in accordance with section 21) is applying for registration as an ACP—paragraph 17(1)(a) or (b); or (c) if the applicant (being a group of related companies that is treated as a single person in accordance with section 21) is applying for registration as an ACP—paragraph 17(2)(a) or (b); or (d) if the applicant is applying for registration as an AMTP—paragraph 18(1)(a) or (b); or (e) if the applicant is applying for registration as an ASP—paragraph 19(1)(a) or (b).