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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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Article 27 Applications for Part IV permission

(1) This article applies to any completed application for Part 4A permission which is made before 30th April 2004 by a person who is not an authorised person, to the extent that the application relates to any mortgage mediation activity ("an early Part 4A application").

(2) Section 52(1) of the Act (applications to be determined by the Authority within six months) does not apply to early Part 4A applications.

(3) If the Authority has not determined an early Part 4A application before the end of the period of six months beginning on the date on which it received the completed application, it must inform the applicant of the progress being made on the application (unless it has already done so).

(4) In any event, the Authority must determine all early Part 4A applications before commencement.

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