33 Application to end suspension.U.K.
[F1(1) On an application made by a licensee the OFT may, if it thinks fit, by notice to the licensee end the suspension of a licence under section 32A, whether the suspension was for a fixed period or for a period determined in accordance with section 32B. ]
(2)Unless the [F2OFT] determines to end the suspension in accordance with the application [F3it] shall, before determining the application, by notice—
(a)inform the applicant, giving [F4its] reasons, that [F3it] is minded to refuse the application, and
(b)invite the applicant to submit to the [F2OFT] representations in support of his application in accordance with section 34.
(3)General notice shall be given that a suspension of a group licence has been ended under this section.
(4)In the case of a group licence issued on application—
(a)the references in subsection (1) to a licensee include the original applicant;
(b)the [F2OFT] shall inform the original applicant that a suspension of a group licence has been ended under this section.
Textual Amendments
F1S. 33(1) substituted (19.2.2013) by Financial Services Act 2012 (c. 21), ss. 108(4), 122(2) (with s. 108(9), Sch. 20)
F2Words in s. 33 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(15)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)
F3Words in s. 33 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(15)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)
F4Word in s. 33(2)(a) substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(15)(b); S.I. 2003/766, art. 2, Sch. (with art. 3)