Part IIIU.K. Authorisation and Exemption

Ending of authorisationU.K.

33 Withdrawal of authorisation by the Authority.U.K.

(1)This section applies if—

(a)an authorised person’s Part IV permission is cancelled; and

(b)as a result, there is no regulated activity for which he has permission.

(2)The Authority must give a direction withdrawing that person’s status as an authorised person.