Section 301H

Approval of an acquisition is effective for such period as the FCA may specify in writing. Where the FCA has specified a period under subsection (1), it may extend the period. Where the FCA has not specified a period, the approval is effective for one year beginning with the date— of the notice given under section 301G(3)(a); on which the FCA is treated as having given approval under section 301G(5); or of a decision on a reference to the Tribunal which results in the person receiving approval.

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