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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2014 - onwards
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Article 39 Suspension of licence where determination made before 1st April 2014 but not confirmed

(1) Paragraphs (2) to (4) apply if, before 1st April 2014 -

(a) the OFT had given a notice to a person ("A") under section 32A(2) of the 1974 Act (suspension of a standard licence) [Sections 32A and 34Z were inserted by the Financial Services Act 2012, section 108.] that it is suspending A's licence,

(b) the OFT had not, under section 34ZA of the 1974 Act (representations to OFT: suspension under section 32A) determined whether or not to confirm such a decision, and

(c) [deleted]

A is a relevant person.

(2) The notice is to be treated as -

(a) if A has Part 4A permission only by virtue of this Order -

(i) a written notice under section 55Y(4) of the Act of the decision of the FCA to vary A's Part 4A permission (except for subsections (5) and (6) of section 55Y which do not apply), and

(ii) a warning notice given under section 55Z(1) of the Act by the FCA to A of the proposal by the FCA to cancel A's Part 4A permission (except for the purposes of sections 387 (warning notices), 392(a) (

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