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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2014 - onwards
  Version 3 of 3    

Article 38 Revocation etc. of licence where determination made before 1st April 2014

(1) Paragraphs (3) to (5) apply if, before 1st April 2014 -

(a) the OFT had given notice of its determination under section 27 of the 1974 Act not to renew the standard licence of a person ("A"),

(b) the appeal period in relation to that determination had not ended, and

A is a relevant person.

(2) Paragraphs (3) to (5) apply if, before 1st April 2014 -

(a) the OFT had given notice of its determination under section 32 of the 1974 Act to revoke the standard licence of a person ("A"),

(b) the appeal period in relation to that determination had not ended, and

A is a relevant person.

(3) The notice is to be treated as -

(a) if A has Part 4A permission only by virtue of this Order, a decision notice given under section 55Z(2) of the Act by the FCA to A of the decision by the FCA to cancel A's Part 4A permission (except for the purposes of sections 392(b) (application of sections 393 and 394), in so far as it applies to section 393 (third party rights), and 393 of the Act, which do not apply

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