[313BC Decisions on applications for revocation by institutions]

[313BC  Decisions on applications for revocation by institutions]

[(1)     This section applies where, having considered any representations made in response to a warning notice, the [FCA] has decided whether to grant an application for revocation made under section 313BB.

(2)     The [FCA] must give written notice in accordance with subsection (3) if—

(a)     in the case of a requirement imposed on an institution, the [FCA] decides to revoke the requirement, or

(b)     in the case of a requirement imposed on a class, the [FCA] makes a decision which has the effect that the requirement will no longer apply to the applicant

Popular documents