PART 3Transitional provisions

CHAPTER 2Authorisation and regulation of 2006 Act authorised persons

Decision notices62

In relation to any notice given by the Regulator to a person which, by virtue of this Chapter, is to be treated as a decision notice given under the 2000 Act—

a

it is immaterial that the notice does not meet the requirements specified in subsection (1)(b) to (e) of section 388 of that Act (decision notices); and

b

that section is to be read as if—

i

subsection (2) were omitted;

ii

in subsection (3) the words from “which relates” to the end were omitted;

iii

for subsections (4) and (5) there were substituted—

4

A further decision notice given under subsection (3) may vary the original notice.

5

If the person to whom a decision notice is given under subsection (3) had the right to refer the matter to which the original decision notice related to the First-tier Tribunal under section 13 of the Compensation Act 2006, that person has the right to refer the matter to which the decision notice under subsection (3) relates to the Tribunal.