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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
  Version 2 of 2    

Article 9E Revocation of certificate on FCA's own initiative

(1) The FCA may revoke a certificate given to a person ("A") under article 9C if -

(a) it appears to it that A does not meet the relevant conditions, or has failed to meet the relevant conditions at any time since the certificate was given; or

(b) the person to whom the certificate was given has contravened any rule or requirement to which he is subject as a result of article 9G.

(2) For the purposes of paragraph (1), A meets the relevant conditions at any time if, at that time, paragraph (4), (5) or (6) of article 9C applies.

(3) Sections 55Z and 55Z3(2) of the Act apply to the revocation of a certificate under paragraph (1) as they apply to the cancellation of a Part 4A permission on the FCA’s own initiative, as if references in those sections to an authorised person were references to a certified person.

Comparing proposed amendment...