(1) This Chapter applies, subject to (2), to every Person who is:
(a) an Authorised Person;
(b) an applicant for a Financial Services Permission;
(c) an Approved Person;
(d) an applicant for Approved Person status;
(e) a Recognised Person;
(f) an applicant for Recognised Person status; or
(g) a Controller of a Person referred to in (a) or (b).
(2) This Chapter does not apply to Recognised Bodies or operators of a Representative Office.
(3) Upon the granting of a Financial Services Permission to an applicant, such applicant will be required to satisfy the requirements of the provisions in this Chapter on an on-going basis.