[191 Duration of approval]
[191 Duration of approval]

[(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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