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Schedule 10, Part 1, paragraph 1(4)

FSMA 2023

On an application for the variation or revocation of a Part 18 prohibition order— if the appropriate regulator decides to grant the application, it must give the applicant written notice of its decision; if the appropriate regulator proposes to refuse the application, it must give the applicant a warning notice; if the appropriate regulator decides to refuse the application, it must give the applicant a decision notice.

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