[(1) Approval of an acquisition (whether granted unconditionally or subject to conditions) is effective for such period as the [appropriate regulator] may specify in writing.
(2) Where the [appropriate regulator] has specified a period under subsection (1), it may extend the period.
(3) Where the [appropriate regulator] has not specified a period, the approval is effective for one year beginning with the date—
(a) of the notice given under section 189(4)(a) or (b)(i);
(b) on which the [appropriate regulator] is treated as having given approval under section 189(6); or
(c) of a decision on a reference to the Tribunal which results in
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