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PART IIU.K. FORMATION, SUPERVISION AND CONTROL

AuthorisationU.K.

Representations against refusal of authorisationU.K.

16.—(1) If the Authority proposes to refuse an application made under regulation 12, it must give the applicant a warning notice.

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

(a)it must give the applicant a decision notice; and

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