Authorised representatives
Article 20
1. The central administrator shall ensure that authorised representatives of accounts in the Union Registry can access the relevant accounts and have one of the following rights on behalf of the account holder: (a) initiate processes; (b) approve processes, if required; (c) initiate processes and approve processes initiated by another authorised representative. 2. At the opening, each account shall have at least two authorised representatives with one of the following combination of rights: (a) one authorised representative with the right to initiate processes and one with right to approve processes; (b) one authorised representative with the right to initiate processes and approve processes initiated by another authorised representative and one with right to approve processes; (c) one authorised representative with right to initiate processes and one with the right to initiate processes and approve processes initiated by another authorised representative; (d) two authorised representatives with the right to initiate processes and approve processes initiated by another authorised representative. 3. Verifiers shall have at least one authorised representative who initiates relevant processes on behalf of the verifier. A representative of a verifier may not be representative of any account. 4. Account holders may decide that the approval of a second authorised representative is not necessary to propose transfers for execution to accounts on the trusted account list set up pursuant to Article 23. The account holder may withdraw such decision. The decision and the withdrawal of the decision shall be communicated in a duly signed statement submitted to the national administrator. 5. In addition to the authorised representatives specified in paragraphs 1 and 2, accounts may also have authorised representatives with ‘read only’ access to the account. 6. If an authorised representative cannot access the Union Registry for technical or other reasons, the national administrator, in accordance with the rights assigned to that authorised representative, may initiate or approve transactions on behalf of the authorised representative upon request, provided that the national administrator allows such requests and that the access of the authorised representative was not suspended in accordance with this Regulation. 7. If authorised representatives of an account cannot access the Union Registry, account holders may request the national administrator to propose a process for execution in their name, in accordance with this Regulation, provided that the national administrator allows such requests. Such requests may not be made for accounts in closed status. 8. The data exchange and technical specifications laid down in Article 75 may set a maximum number of authorised representatives for each account type. 9. Authorised representatives shall be natural persons over 18 years of age. All authorised representatives of a single account shall be different persons but the same person can be an authorised representative on more than one account. The Member State of the national administrator may require that at least one of the authorised representatives of an account shall be a permanent resident in that Member State, except for representatives of verifiers.