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Article 11 Procedure when refusing an application

Original text. Later amendments are not shown.

(1)

If the FCA proposes to refuse an application made under article 9(1) it must give the applicant a warning notice.

(2)

If the FCA refuses an application—

(a)

it must give the applicant a decision notice; and

(b)

the applicant may refer the matter to the Tribunal.