Regulation 28 Licences: general provisionsI1
United Kingdom
This regulation applies in relation to Treasury licences and director disqualification licences.
A licence must specify the acts authorised by it.
A licence may be general or may authorise acts by a particular person or persons of a particular description.
A licence may—
contain conditions;
be of indefinite duration or a defined duration.
A person who issues a licence may vary, revoke or suspend it at any time.
A person who issues, varies, revokes or suspends a licence which authorises acts by a particular person must give written notice to that person of the issue, variation, revocation or suspension of the licence.
A person who issues, varies, revokes or suspends a general licence or a licence which authorises acts by persons of a particular description must take such steps as that person considers appropriate to publicise the issue, variation, revocation or suspension of the licence.
Annotations
Commencement
- I1
Reg. 28 in force at 15.10.2026, see reg. 1(2)