(1) Article 30 (meaning of "relevant person" in Chapter 2) is amended as follows.

(2) The existing provision becomes paragraph (1).

(3) After that paragraph, insert -

"(2) Paragraph (3) applies where, before 1st April 2014, the OFT -

(a) had given a notice to a person ("A") under section 32A(2) [Sections 32A and 34ZA inserted by the Financial Services Act 2012 (c.21), section 108.] of the 1974 Act (suspension of a standard licence) that it is suspending A’s licence, but

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

(3) For the purposes of article 39 (suspension of licence where determination made before 1st April 2014 but not confirmed), and of paragraph (1) in so far as it defines "relevant person" for the purposes of that article -

(a) A is to be treated as holding a licence under the 1974 Act immediately before 1st April 2014, and

(b) section 32A of that Act (power to suspend licence) is to be treated as if subsection (5) did not apply at that time.

(4) Paragraph (5) applies where, before 1st April 2014 -

(a) the OFT had -