It is shown that every locally idempotent (locally m-PSEUDOCONVEX)Hausdorff algebra A with PSEUDOCONVEX VON NEUMANN BORNOLOGY is a regular (respectively, bornological) inductive limit of metrizable locally m-(kB-convex) subalgebras AB of A. In the case where A, in addition, is sequentially BA-complete (sequentially advertibly complete), then every subalgebraAB is a locally m-(kB-convex) Frechet algebra (respectively, an advertibly complete metrizable locally m-(kB-convex) algebra) for some kB Î (0, 1]. Moreover, for a commutative unital locally m-PSEUDOCONVEX Hausdorff algebra A over C with PSEUDOCONVEX VON NEUMANN BORNOLOGY, which at the same time is sequentially BA-complete and advertibly complete, the statements (a)–(j) of Proposition 3.2 are equivalent.