(1) If the FCA approves a relevant system, it must give the operator of the system written notice specifying the date from which the approval has effect.
(2) If the FCA proposes to refuse to approve a relevant system, it must give the operator of the system a warning notice.
(3) If the FCA decides to refuse to approve a relevant system, it must give the operator of the system a decision notice.
(4) If the FCA proposes to suspend or withdraw its approval in relation to an approved relevant system, it must give the operator of the system a warning notice.
(5) If the FCA decides to suspend or withdraw its approval in relation to an approved relevant system, it must give the operator of the system a decision notice specifying the date from which the suspension or withdrawal is to take effect.
(6) Subsections (7) to (9) apply if -
(a) the FCA has suspended its approval in relation to an approved relevant system, and
(b) the operator of the system has applied for the suspension to be ca