The Capital Requirements Regulations 2013, Section 41 is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
41.—(1) On determining an application for the grant of a permission, the [F1PRA] must give the applicant a written notice stating—
(a)its decision; and
(b)if the permission is granted, any conditions to which the permission is subject and the date on which the permission takes effect.
(2) Where the [F1PRA] varies or revokes a permission, it must give the institution concerned a written notice stating—
(a)that the permission is varied or revoked; and
(b)the date on which the variation or revocation takes effect.
(3) Where the [F1PRA] amends a condition to which a permission is subject, it must give the institution concerned a written notice stating—
(a)the amended condition; and
(b)the date on which the amendment takes effect.
Textual Amendments
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