(1) This section applies to an application for the variation or revocation of a prohibition order.
(2) If the [appropriate regulator] decides to grant the application, it must give the applicant written notice of its decision.
(3) If the [appropriate regulator] proposes to refuse the application, it must give the applicant a warning notice.
(4) If the [appropriate regulator] decides to refuse the application, it must give the applicant a decision notice.
(5) If the [appropriate regulator] gives the applicant a decision notice, he may refer the matter to the Tribunal.
[(6) “The appropriate regulator” means the regulator to which the application is
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