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Schedule 10, Part 1, Chapter 2A, paragraph 309L(1)

FSMA 2023

The appropriate regulator must, before the end of the period for consideration, determine whether— to grant an application under section 309I for approval for a person to perform a function, without imposing conditions or limiting the period for which the approval has effect, or to give a warning notice under section 309M(2).

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