30.—(1) The Commissioners must cancel the registration of a money service business or trust or company service provider in a register maintained under regulation 25(1) if, at any time after registration, they are satisfied that he or any person mentioned in regulation 28(1)(b), (c) or (d) is not a fit and proper person within the meaning of regulation 28(2).
(2) The Commissioners may cancel a person's registration in a register maintained by them under regulation 25 if, at any time after registration, it appears to them that they would have had grounds to refuse registration under regulation 29(1).
(3) Where the Commissioners decide to cancel a person's registration they must give him notice of—
(a)their decision and, subject to paragraph (4), the date from which the cancellation takes effect;
(b)the reasons for their decision;
[F1(c)the right to a review under regulation 43A; and]
(d)the right to appeal under regulation [F243].
(4) If the Commissioners—
(a)consider that the interests of the public require the cancellation of a person's registration to have immediate effect; and
(b)include a statement to that effect and the reasons for it in the notice given under paragraph (3),
the cancellation takes effect when the notice is given to the person.
Textual Amendments
F1Reg. 30(3)(c) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 2 para. 170(2)
F2Word in reg. 30(3)(d) substituted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 2 para. 170(3)