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Regulation 26 Early termination

Original text. Later amendments are not shown.

(1)

The Secretary of State must effect an early termination where—

(a)

a restricted person ceases to be a listed person; or

(b)

the Secretary of State is satisfied that to continue a temporary scheme until the expiry of the management period is not necessary—

(i)

to avoid or remediate environmental damage; or

(ii)

to prevent permanent destruction of the value of the restricted licence.

(2)

Where paragraph (1) applies, the Secretary of State must determine the date the temporary scheme ends (an “early enforced termination date”), which must be no later than 60 days after—

(a)

where paragraph (1)(a) applies, the date the restricted person ceases to be a listed person; or

(b)

where paragraph (1)(b) applies, the date the Secretary of State becomes satisfied under that paragraph.