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4(1)If this paragraph applies to an invitation to submit representations, the Director must invite the firm, within 21 days after the notice containing the invitation is given to it or such longer period as he may allow—
(a)to submit its representations in writing to him; and
(b)to give notice to him, if the firm thinks fit, that it wishes to make representations orally.
(2)If notice is given under sub-paragraph (1)(b), the Director must arrange for the oral representations to be heard.
(3)The Director must give the firm notice of his determination.