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AU-1.1.13

For the purposes of Volume 5 (Specialised Licensees), carrying on a regulated administration services by way of business means:

(a) Undertaking one or more of the activities specified in Paragraphs AU-1.1.11 and AU-1.1.12 for commercial gain;
(b) Holding oneself out as willing and able to engage in that activity; or
(c) Regularly soliciting other persons to engage in transactions constituting that activity.
May 2011