{
  "url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-31",
  "json_url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-31.json",
  "legislation": "ukdsi/2020/9780348213614",
  "legislation_title": "The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020",
  "path": "regulation/31",
  "kind": "regulation",
  "number": "31",
  "heading": "Assessment of whether an advance application is complete",
  "text": "The FCA must, before the end of a period of 20 working days beginning with the day of receipt of an advance application (“the application”)—\n(a) if it considers that the application complies with any applicable direction under regulation 30(2)(a) or (b), confirm in writing that the application is complete; or\n(b) if it considers that the application does not comply with one or more of the directions under that regulation—\n(i) confirm in writing to the applicant that the application is not complete; and\n(ii) where applicable, inform the applicant of the steps which need to be taken, and the time within which they need to be taken, for the application to be considered complete.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2020/9780348213614/regulation/31",
    "retrieved_at": "2026-10-30T14:48:40.102637+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}