AuthorisationsU.K.
20.—(1) An authorisation granted by the Treasury under regulation 19(3) may be—
(a)general or granted to a category of persons or to a particular person;
(b)subject to conditions;
(c)of indefinite duration or subject to an expiry date.
(2) The Treasury may vary or revoke an authorisation at any time.
(3) On the grant, variation or revocation of an authorisation, the Treasury must—
(a)in the case of an authorisation granted to a particular person, give written notice of the grant, variation or revocation to that person,
(b)in the case of a general authorisation or an authorisation granted to a category of persons, take such steps as the Treasury consider appropriate to publicise the grant, variation or revocation of the authorisation.
(4) A person commits an offence who, for the purpose of obtaining an authorisation, knowingly or recklessly—
(a)provides information that is false in a material respect, or
(b)provides or produces a document that is not what it purports to be.
(5) A person who purports to act under an authorisation granted by the Treasury but who fails to comply with any conditions included in the authorisation commits an offence.