[F1SCHEDULE 3Procedure in financial services cases

Applicant’s reply

5.(1) The applicant must send or deliver a written reply so that it is received by the Upper Tribunal no later than 28 days after—

(a)the date on which the applicant received a copy of the statement of case; or

(b)if the respondent amends its statement of case, the date on which the applicant received a copy of the amended statement of case.

(2) The reply must—

(a)state the grounds on which the applicant relies in the reference;

(b)identify all matters contained in the statement of case which are disputed by the applicant; and

(c)state the applicant’s reasons for disputing them.

(3) The applicant must send with the reply a list of all the documents on which the applicant relies in support of his case.

(4) At the same time the applicant must send to the respondent a copy of the reply and of the list referred to in sub-paragraph (3).]