260 Procedure: refusal to revoke or vary direction
260 Procedure: refusal to revoke or vary direction

(1)     If on an application under section 257(6) for a direction to be revoked or varied the [FCA] proposes—

(a)     to vary the direction otherwise than in accordance with the application, or

(b)     to refuse to revoke or vary the direction,

it must give the applicant a warning notice.

(2)     If the [FCA] decides to refuse to revoke or vary the direction—

(a)     it must give the applicant a decision notice; and

(b)     the applicant may refer the matter to the Tribunal.

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270 . . .
271 . . .

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