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FAQ 4.6

Eligibility, roles and responsibilities of a Sponsor

4.6

Pursuant to Rule 4.11(c) of the ACE LR, a Sponsor may seek necessary assistance and consultation from other appropriately qualified and suitable professionals when required. Does it mean that a Sponsor is absolved of its responsibilities when it has obtained the necessary assistance or consultation from the said professionals?

No, the Sponsor is not absolved of its responsibilities under the ACE LR and must at all times ensure full compliance with the requirements imposed on it as a Sponsor.