Regulator may approve, or direct brand owner to resubmit, action plans

Current

(1)

After receiving an action plan, the regulator may, by written notice to the brand owner who submitted the action plan—

(a)

approve the action plan (the approved action plan) with effect from the date specified in the notice, or

(b)

direct the brand owner to—

(i)

amend the action plan, and

(ii)

resubmit the action plan within the period specified in the notice.

(2)

An approved action plan is subject to the conditions, if any, specified by the regulator in a notice under this section or section 22.

(3)

A brand owner who holds an approved action plan may submit a draft revised or amended action plan to the regulator for approval under this section.

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