Part III Licensing of Credit and Hire Businesses

Further powers of OFT to regulate conduct of licensees etc.

F133DProcedure in relation to requirements

(1)

Before making a determination—

(a)

to impose a requirement on a person under section 33A or 33B,

(b)

to refuse an application under section 33C(5) in relation to a requirement imposed under either of those sections, or

(c)

to vary or to revoke a requirement so imposed,

the OFT shall proceed as follows.

(2)

The OFT shall give a notice to every person to whom subsection (3) applies in relation to the determination—

(a)

informing him, with reasons, that it is minded to make the determination; and

(b)

inviting him to submit to it representations as to the determination under section 34.

(3)

This subsection applies to a person in relation to the determination if he falls within, or as a consequence of the determination would fall within, section 33C(6) or (7) in relation to the requirement in question.

(4)

This section does not require the OFT to give a notice to a person if the determination in question is in the same terms as a proposal made to the OFT by that person (whether as part of an application under this Part or otherwise).