# The Financial Services and Markets Act 2000 (Transitional Provisions) (Authorised Persons etc. ) Order 2001, Article 56: Responding to the scope of permission notice

Extent: E+W+S+N.I.

(1) A scope of permission notice must specify a period of not less than three months from the date on which the notice is given as the period within which the recipient must notify the Authority either—
(a) that he agrees with the matters stated in the notice; or
(b) that for specified reasons he disagrees with the matters stated in the notice.
(2) A person who receives a scope of permission notice must notify the Authority in accordance with paragraph (1) within the period specified in the notice.
(3) A scope of permission notice may be withdrawn and replaced by another such notice at any time before notification has been given under paragraph (2) as respects the first notice.

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Source: https://www.legislation.gov.uk/uksi/2001/2636/article/56 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-authorised-persons-etc-order-2001/article-56
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.