PART II FORMATION, SUPERVISION AND CONTROL
Powers of intervention
Procedure: revocation of direction and grant of request for variation29
1
If the Authority decides on its own initiative to revoke a direction under regulation 25 it must give separate written notices of its decision to the company and its depositary.
2
If on an application made under regulation 25(7) for a direction to be revoked or varied, the Authority decides to revoke or vary it in accordance with the application, it must give the applicant written notice of its decision.
3
A notice under this regulation must specify the date on which the decision takes effect.
4
The Authority may publish such information about the revocation or variation, in such way, as it considers appropriate.