(1) This section applies where, within the period specified under section 313B(3), (3A) or (4), representations are made to the FCA in relation to a requirement that it has proposed to impose or has imposed under section 313A.
(2) The FCA must decide whether to impose the requirement or (in the case of a requirement that has been imposed) whether to revoke it.
(3) In the case of a requirement that the FCA has proposed to impose on a class of institutions, the FCA may decide to impose the requirement -
(a) on the class;
(b) on the class apart from one or more specified members of it; or
(c) only on one or more specified members of the class.
(4) In the case of a requirement that the FCA has imposed on a class of institutions, the FCA may decide to revoke it in relation to -
(a) the class;
(b) the class apart from one or more specified members of it; or
(c) one or more specified members of the class only.
(5) The FCA must give written notice of its decision to -
(a) any institution which
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