33A(1)  An approved body shall–

(a)continue to meet all the requirements of regulation 33 above;

(aa)comply with such conditions as the regulatory body may impose from time to time under regulation 34(1)(aa) (including any conditions varied under regulation 34(1)(ab));

(b)apply qualifying contributions and any income derived therefrom only to approved objects;

(c)not apply any of its funds for the benefit of any of the persons who have made qualifying contributions to it or who were contributing third parties in relation to such contributions (except to the extent that they benefit by virtue of belonging to a class of persons that benefits generally);

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