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Amendment of mortgage intermediaries authorisation.
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119.—Where the holder of a mortgage intermediaries authorisation ceases to act on behalf of any undertaking specified in the authorisation or commences to act as a mortgage intermediary on behalf of any undertaking not specified in the authorisation, the holder shall upon such cessation or commencement inform in writing the Director of the change and forward the authorisation to the Director, and the Director shall accordingly, as he sees fit, amend the authorisation or issue another authorisation incorporating the change.
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