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Consumer Credit Act 1974

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This is the original version (as it was originally enacted).

30Variation by request

(1)On an application made by the licensee, the Director may if he 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 Director, on an application made by that person, may if he thinks fit by notice to that person vary the terms of the licence in accordance with the application; but the Director 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 Director, on an application made by that person, may if he thinks fit, by notice to that person, vary the terms of the licence so as to remove the exclusion.

(4)Unless the Director determines to vary a licence in accordance with an application he shall, before determining the application, by notice—

(a)inform the applicant, giving his reasons, that he is minded to refuse the application, and

(b)invite the applicant to submit to the Director 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.

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