[63ZD Statement of policy relating to conditional approval and variation]
[63ZD Statement of policy relating to conditional approval and variation]

[(1)     Each regulator must prepare and issue a statement of its policy with respect to—

(a)     its giving of approval under section 59 subject to conditions or for a limited period only, and

(b)     its variation under section 63ZA or 63ZB of an approval given under section 59.

(2)     A regulator may at any time alter or replace a statement issued by it under this section.

(3)     If a statement issued under this section is altered or replaced by a regulator, the regulator must issue the altered or replacement statement.

(4)     A statement issued under this section must be published by the

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