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Schedule 2A, Part 4, paragraph 29(2)

FSMA 2000

The variation of a Schedule 2A permission under paragraph 27 may be expressed to take effect immediately, or on a specified date, only if the UK regulator reasonably considers that it is necessary for the variation to take effect immediately or on that date, having regard to the own-initiative condition on which it is relying for the purposes of paragraph 27(1).

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Source: legislation.gov.uk · retrieved 2026-09-04