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Division 3.2 Reasons for a concise financial analysis as a general ruleF1

United Kingdom Repealed

Original text. Later amendments are not shown.

Given the important number of applicants whose financial capacity has to be analysed and in order to avoid unreasonable delays, a concise financial viability check is carried out. However, if the result of the concise financial viability check of a legal entity is ‘weak’, a more in-depth financial analysis shall be carried out.

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Textual amendments

F1

Decision revoked (1.1.2024) by The Retained EU Law (Revocation and Reform) Act 2023 (Revocation and Sunset Disapplication) Regulations 2023 (S.I. 2023/1143), reg. 2(3), Sch. 2 Pt. 2