Regulation 32 Directions and revocation: procedure
United Kingdom
Before—
giving a direction under regulation 30; or
removing an issuer from the register of issuers under regulation 31(1)(c),
the Authority must give a warning notice to the person concerned.
If, having considered any representations, the Authority decides to—
make the direction; or
remove the issuer from the register of issuers,
the Authority must give that person a decision notice.
If the Authority decides not to—
make a direction; or
remove the issuer from the register of issuers,
it must give that person written notice of its decision.
If the Authority decides to—
make a direction; or
remove the issuer from the register of issuers,
the person concerned may refer the matter to the F1Upper Tribunal.
Annotations
Textual amendments
- F1
Words in reg. 32(4) substituted (6.4.2010) by The Transfer of Tribunal Functions Order 2010 (S.I. 2010/22), art. 1(2)(f), Sch. 3 para. 153