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10. In article 56 (interim permission), after paragraph (12), insert—
“(13) Paragraph (15) applies where, before 1st April 2014, the OFT—
(a)had given a notice to P under section 32A(2)(1) of the 1974 Act (suspension of a standard licence) that it is suspending P’s licence, but
(b)had not determined under section 34ZA of that Act (representations to OFT: suspension under section 32A) whether or not to confirm such a decision.
(14) Paragraph (15) also applies where, before 1st April 2014—
(a)the OFT had—
(i)given a notice to P under section 32A(2) of the 1974 Act that it is suspending P’s licence, and
(ii)confirmed under section 34ZA of that Act its determination under section 32A of that Act, and
(b)either—
(i)P had, submitted a notice of appeal to the First-tier Tribunal under section 41 of the 1974 Act (appeals to First-tier Tribunal under Part 3) with respect to that suspension and the appeal had not been determined, or
(ii)P had not submitted such a notice of appeal, but the specified period in respect of an appeal against the suspension had not expired.
(15) For the purposes of this article—
(a)P is to be treated as holding a licence under the 1974 Act immediately before 1st April 2014, and
(b)section 32A of that Act (power to suspend licence) is to be treated as if subsection (5) did not apply at that time.
(16) In this article, “specified period” has the meaning given in section 41 of the 1974 Act.”.
Sections 32A and 34ZA inserted by the Financial Services Act 2012 (c.21), section 108.
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