Financial Services and Markets Act 2000

[F1Notice of decisionU.K.

3(1)Where the FCA decides to vary or cancel an authorised person's Part 4A permission under paragraph 1, the FCA must give the person a notice in writing setting out—U.K.

(a)in a case where the FCA varies the permission, the variation,

(b)the date on which the variation or cancellation takes effect, and

(c)the person's power to make an application under paragraph 4.

(2)Where the FCA—

(a)has given the person a notice under paragraph 2(4), but

(b)decides not to vary or cancel the permission (whether or not because the specified steps referred to in that notice have been taken),

the FCA must give the person a notice in writing of that decision.

(3)A notice given under this paragraph may include such other information as the FCA considers appropriate.

(4)Where the FCA decides to publicise a notice given under this paragraph (or any details relating to it), it may do so in such manner as it considers appropriate.]