- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (Fel y'i Deddfwyd)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
31(1)If the licensing authority is not satisfied that the approval requirements are met in relation to the investor’s holding of the notifiable interest, it may object to the investor’s holding of that interest.
(2)If the licensing authority proposes to object to the investor’s holding of the notifiable interest, it must give the investor and the licensed body a warning notice.
(3)But the licensing authority may object to the investor’s holding of the notifiable interest without giving a warning notice if it considers it necessary or desirable to do so for the purpose of protecting any of the regulatory objectives.
(4)The warning notice must—
(a)specify the reasons for the proposed objection, and
(b)state that representations may be made to the licensing authority within the prescribed period.
(5)The licensing authority must consider any representations made within the prescribed period.
(6)If the licensing authority objects to the investor’s holding of the notifiable interest, it must notify the investor and the licensed body of its objection as soon as reasonably practicable.
(7)The notice must—
(a)specify the reasons for the objection, and
(b)explain the effect of Part 5 of this Schedule.
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Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
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Testun a grëwyd gan yr adran o’r llywodraeth oedd yn gyfrifol am destun y Ddeddf i esbonio beth mae’r Ddeddf yn ceisio ei wneud ac i wneud y Ddeddf yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol. Cyflwynwyd Nodiadau Esboniadol ym 1999 ac maent yn cyd-fynd â phob Deddf Gyhoeddus ac eithrio Deddfau Adfeddiannu, Cronfa Gyfunol, Cyllid a Chyfnerthiad.
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