Consumer Credit Act 1974

30 Variation by request. U.K.

(1) On an application made by the licensee, the [F1 OFT] may if [F2 it] thinks fit by notice to the licensee vary a standard licence in accordance with the application.

(2) In the case of a group licence issued on the application of any person, the [F1 OFT] , on an application made by that person, may if [F2 it] thinks fit by notice to that person vary the terms of the licence in accordance with the application; but the [F1 OFT] shall not vary a group licence under this subsection by excluding a named person, other than the person making the request, unless that named person consents in writing to his exclusion.

(3) In the case of a group licence from which (whether by name or description) a person is excluded, the [F1 OFT] , on an application made by that person, may if [F2 it] thinks fit, by notice to that person, vary the terms of the licence so as to remove the exclusion.

(4) Unless the [F1 OFT] determines to vary a licence in accordance with an application [F2 it] shall, before determining the application, by notice—

(a) inform the applicant, giving [F3 its] reasons, that [F2 it] is minded to refuse the application, and

(b) invite the applicant to submit to the [F1 OFT] representations in support of his application in accordance with section 34.

(5) General notice shall be given that a variation of a group licence has been made under this section.

Textual Amendments

F1 Words in s. 30 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(12)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)

F2 Words in s. 30 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(12)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)

F3 Word in s. 30(4)(a) substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(12)(b); S.I. 2003/766, art. 2, Sch. (with art. 3)