Status of licence during review
519 Status of licence during review
This section applies if the regulator gives a licence-holder written notice of its decision to refuse to renew the licence.
If the licence-holder does not apply for internal review of the decision, the licence continues to have effect until the last of the following events:
the expiry of the licence;
the end of the time for applying for an internal review.
If the licence-holder applies for an internal review of the decision, the licence continues to have effect until the earlier of the following events:
the licence-holder withdraws the application for review;
the regulator makes a decision on the review.
If the licence-holder does not apply for an external review, the licence continues to have effect until the end of the time for applying for an external review.
If the licence-holder applies for an external review, the licence continues to have effect until the earlier of the following events:
the licence-holder withdraws the application for review;
the ACAT makes a decision on the review.
The licence continues to have effect under this section even if its expiry date passes.
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