Financial Services and Markets Act 2000 (c. 8)

Part XVII U.K. Collective Investment Schemes

[F1 CHAPTER 3A U.K. AUTHORISED CONTRACTUAL SCHEMES

Textual Amendments

F1 Pt. XVII Ch. 3A inserted (6.6.2013) by The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 (S.I. 2013/1388), regs. 1, 3(12) (with reg. 24)

Applications refused U.K.

261G. Procedure when refusing an application U.K.

(1) If the FCA proposes to refuse an application made under section 261C, it must give each of the applicants a warning notice.

(2) If the FCA decides to refuse the application—

(a) it must give each of the applicants a decision notice; and

(b) either applicant may refer the matter to the Tribunal.]