Schedule 11, paragraph 3(4)

The third condition is that the FCA has given a further notice in writing to the person setting out— in a case where the FCA proposes to vary the permission— the proposed variation, the date on which the FCA proposes to vary the permission (and, if different, the date on which the variation is to take effect), and any specified steps the person may take that would (if taken) result in the FCA deciding not to vary the permission as proposed; in a case where the FCA proposes to cancel the permission— the date on which the FCA proposes to cancel the permission (and, if different, the date on which the cancellation is to take effect), and any specified steps the person may take that would (if taken) result in the FCA deciding not to cancel the permission.

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