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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
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245. Procedure when refusing an application

(1) If the FCA proposes to refuse an application made under section 242 it must give each of the applicants a warning notice.

(2) If the FCA decides to refuse the application -

(a) it must give each of the applicants a decision notice; and

(b) either applicant may refer the matter to the Tribunal.

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