[(1) This section applies where a regulator makes rules under section 64A (“conduct rules”).
(2) Every relevant authorised person must—
(a) notify all relevant persons of the conduct rules that apply in relation to them, and
(b) take all reasonable steps to secure that those persons understand how those rules apply in relation to them.
(3) The steps which a relevant [an] authorised person must take to comply with subsection (2)(b) include, in particular, the provision of suitable training.
(4) In this section “relevant person”, in relation to an authorised person, means—
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