136   Application for accreditation

(1)  Any person who is eligible for accreditation as a certificate provider in relation to an activity may apply to the Scheme Administrator for accreditation.

(2)  The Scheme Administrator is to determine an application for accreditation as a certificate provider:

(a)  by accrediting the applicant as a certificate provider in relation to specified activities, or

(b)  by refusing the application.

(3)  The Scheme Administrator may refuse an application for accreditation as a certificate provider on such grounds as may be specified in the regulations.

(4)  The regulations may make provision for or with respect to applications for accreditation, including by requiring an application fee to be paid to the Scheme Administrator.

(5)  The Scheme Administrator may charge a fee (in addition to any application fee) in respect of the investigation and determination of an application for accreditation. The fee is to be determined by the Scheme Administrator on a cost recovery basis.