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(1) On receipt of an application under regulation 72, the Controller shall consider the application.

(2) If the Controller is satisfied as to the qualification and suitability of the foreign certification authority, the Controller may recognise the foreign certification authority, with or without conditions, or may refuse the recognition.

(3) If the Controller refuses to recognise a foreign certification authority under subregulation (2), the Controller shall immediately notify the applicant in writing of his refusal.

(4) The decision of the Controller under subregulation (3) shall be final and shall not be questioned in any court.