OpenLegislation

Regulation 15 Regulator’s response

Original text. Later amendments are not shown.

(1)

In the case of an application referred to in regulation 14(1)(a), the relevant regulator must—

(a)

if it considers that—

(i)

the requirements of section 55U of the 2000 Act (applications under Part 4A: procedure) are satisfied, or

(ii)

the requirements of that section are satisfied with the exception of those provided by subsection (4), and it would not be practicable for the applicant to comply with the requirements of that subsection before exit day,

confirm in writing to the person making the application that regulation 8 or 11 is to apply;

(b)

if it considers otherwise, confirm in writing to the person making the application that regulation 8 or 11 is not to apply, giving details of the requirements that are not satisfied.

(2)

In the case of a notification referred to in regulation 14(1)(b)—

(a)

if the relevant regulator has not made a direction under regulation 14(2), the relevant regulator must confirm in writing to the person submitting the notification that regulation 8 or 11 is to apply;

(b)

if the relevant regulator has made a direction under regulation 14(2), paragraph (3) applies.

(3)

Where this paragraph applies, the relevant regulator must—

(a)

if it considers that—

(i)

the notification is made in accordance with the direction, or

(ii)

the notification is not made in accordance with the direction, and it would not be practicable for the applicant to comply with the direction before exit day,

confirm in writing to the person submitting the notification that regulation 8 or 11 is to apply;

(b)

if it considers otherwise, confirm in writing to the person submitting the notification that regulation 8 or 11 is not to apply, giving details of the direction that has not been complied with.