Paragraph 3
Regulation 5 shall be modified by the substitution for paragraph (4) of—
“(4)Where the Treasury refuse an application for approval they shall give the applicant a written notice to that effect stating the reasons for the refusal.”.
Regulation 5 shall be modified by the substitution for paragraph (4) of—
“(4)Where the Treasury refuse an application for approval they shall give the applicant a written notice to that effect stating the reasons for the refusal.”.