Article 23 Suspension of permission to carry on regulated activities etc
(1)
Paragraph (2) applies if, before the commencement date—
(a)
the Authority had, under section 206A—
(i)
suspended a permission, or
(ii)
imposed a limitation or a restriction,
for such period as it considered appropriate;
(b)
the period had not expired; and
(c)
the Authority had not withdrawn the suspension, limitation or restriction.
(2)
The FCA may make a transfer election (see article 24) in relation to the suspension, limitation or restriction.