[63ZB Variation of senior manager's approval on initiative of regulator]
[63ZB Variation of senior manager's approval on initiative of regulator]

[(1)     The FCA may vary an approval under section 59 given by the FCA or the PRA for the performance of a designated senior management function in relation to the carrying on of a regulated activity by a relevant [an] authorised person if the FCA considers that it is desirable to do so in order to advance one or more of its operational objectives.