Surrender of special approvals

In force

(1)

The holder of a special approval may surrender the approval by giving the regulator written notice of surrender.

(2)

The notice must be given to the regulator at least—

(a)

6 months before it is to take effect; or

(b)

if the approval requires a longer period of notice—the required period of notice before it is to take effect.

(3)

However, the regulator may agree to a shorter period of notice in a particular case.

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