PART 8Permissions under the CRR

Transitional provision for matters done before commencement44

1

This regulation applies to a decision made before 1st January 2014 to—

a

refuse an application for the grant of a permission;

b

vary or revoke a permission; or

c

amend a condition to which a permission is subject.

2

Regulations 40 to 43 apply to such a decision with the following modifications—

a

omit regulation 40;

b

the appropriate regulator must comply with the requirements of regulations 41 and 43 in relation to the decision no later than 1st January 2014; and

c

regulation 42 applies to the decision, but with the period of time within which a reference may be made to the Tribunal commencing on 1st January 2014.