(1) Where at a time during the currency of a licence the OFT is of the opinion that if the licence had expired at that time (assuming, in the case of a licence which has effect indefinitely, that it were a licence of limited duration) it would have been minded not to renew it, and that therefore it should be revoked, it shall proceed as follows.
(2) In the case of a standard licence the OFT shall, by notice-
(a) inform the licensee that the OFT is minded to revoke the licence stating its reasons, and
(b) invite him to submit to the OFT in accordance with section 34 representations -
(i) as to the proposed revocation; and
(ii) about the provision (if any) that should be included under section 34A as part of the determination were the OFT to revoke the licence.
(3) In the case of a group licence the OFT shall-
(a) give general notice that it is minded to revoke the licence stating its reasons, and
(b) in the notice invite any licensee to submit to it representations as to the propo