[313BE Decisions on applications for revocation by issuers]
[313BE Decisions on applications for revocation by issuers]

[(1)     This section applies where, having considered any representations made in response to a warning notice, the [FCA] has decided whether to grant an application for revocation made under section 313BD.

(2)     The [FCA] must give written notice to the issuer if the [FCA] decides to revoke the requirement.

(3)     If the [FCA] is required to give written notice under subsection (2) in relation to a requirement imposed on a class, the [FCA] must also give notice of its decision by publishing it by means of a regulatory information service.

(4)     The [FCA] must give the issuer a decision notice if—

(a)     in the case of a requirement imposed on an institution, the [FCA] decides not to revoke the requirement, or