Regulation 14 Surrender of authorisations
(1)
An authorised person may surrender his authorisation by giving notice in writing to the Regulator.
(2)
Such a notice has effect—
(a)
if it specifies a day as the day on which it is to have effect, and that day is, or is after, the day on which the Regulator receives it, on the specified day; or
(b)
in any other case, on the day on which the Regulator receives it.