|
Item |
Provision affected |
Amendment |
|---|---|---|
|
1. |
Substitute the following subsections for subsections (13) to (19): |
|
|
|
|
"(13) If, having considered any representations that may have been made under subsection (12), the Bank decides to refuse to grant a licence, it shall, by notice in writing, inform the applicant of the decision. The notice must specify the grounds for the decision. |
|
|
|
(14) If, having considered any representations that may have been made under subsection (12), the Bank decides to suspend or revoke a moneylender's licence, or to vary any term or condition of such a licence, it shall notify the decision to the holder of the licence, together with the grounds for the decision. |
|
|
|
(15) The Bank shall deliver a notice referred to in subsection (13) or (14) personally or send it by prepaid registered post to the business address of the applicant for an authorisation or the holder of the authorisation concerned, |
Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2004 - onwards