Part XVII Collective Investment Schemes

Chapter V Recognised Overseas Schemes

...

280 Procedure.

(1)

If the F1FCA proposes to F2make an order under section 279 revoking a recognition order, it must give a warning notice to the operator and (if any) the trustee or depositary of the scheme.

(2)

If the F1FCA decides to F3... make an order under that section—

(a)

it must without delay give a decision notice to the operator and (if any) the trustee or depositary of the scheme; and

(b)

the operator or the trustee or depositary may refer the matter to the Tribunal.