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Paragraph 10 The power of an eligible Scottish partnership to withdraw restrictions notice

An eligible Scottish partnership that issues a person with a restrictions notice under paragraph 1 must by notice withdraw the restrictions notice if—

(a)

it is satisfied that there is a valid reason sufficient to justify the person's failure to comply with the notice served under regulation 10 or 11,

(b)

the notice served under regulation 10 or 11 is complied with,

(c)

it discovers that the rights of a third party in respect of the relevant interest are being unfairly affected by the restrictions notice, or

(d)

being a Scottish qualifying partnership, it delivers a notice to the registrar under regulation 8(1) (effect of a Scottish partnership ceasing to be a qualifying partnership).