C1Part VI Official Listing
Sponsors
I188 Sponsors.
1
Listing rules may require a person to make arrangements with a sponsor for the performance by the sponsor of such services in relation to him as may be specified in the rules.
2
“Sponsor” means a person approved by the competent authority for the purposes of the rules.
3
Listing rules made by virtue of subsection (1) may—
a
provide for the competent authority to maintain a list of sponsors;
b
specify services which must be performed by a sponsor;
c
impose requirements on a sponsor in relation to the provision of services or specified services;
d
specify the circumstances in which a person is qualified for being approved as a sponsor.
4
If the competent authority proposes—
a
to refuse a person’s application for approval as a sponsor, or
b
to cancel a person’s approval as a sponsor F1otherwise than at his request,
it must give him a warning notice.
5
If, after considering any representations made in response to the warning notice, the competent authority decides—
a
to grant the application for approval, or
b
not to cancel the approval,
it must give the person concerned, and any person to whom a copy of the warning notice was given, written notice of its decision.
6
If, after considering any representations made in response to the warning notice, the competent authority decides—
a
to refuse to grant the application for approval, or
b
to cancel the approval,
it must give the person concerned a decision notice.
7
A person to whom a decision notice is given under this section may refer the matter to the Tribunal.
Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)