# The Uncertificated Securities Regulations 2001, Paragraph 2


A notice under paragraph 1 shall—
(a) state why the Treasury intend to refuse the application, withdraw the approval, give the direction, or exercise the power in question; and
(b) draw attention to the right to make representations conferred by paragraph 3.

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Source: https://www.legislation.gov.uk/ukdsi/2001/0110387449/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-uncertificated-securities-regulations-2001/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.