Regulation 22 Notification of intended change to business - duty stamps approval and UK representative approval

(1)

An approved stamp holder (ASH) must notify the Commissioners of any intended change to ASH’s business that requires—

(a)

the variation of any information required under regulation 20(5) or 21(5);

(b)

the cancellation or revocation of—

(i)

a duty stamps approval;

(ii)

a UK representative approval.

(2)

Subject to paragraph (3), the intended change automatically takes effect as a variation, cancellation or revocation (as the case may be) of ASH’s duty stamps approval or UK representative approval (as the case may be) after the end of such period as the Commissioners must specify in a notice published by them, save as they may otherwise allow.

(3)

The Commissioners may at any time—

(a)

refuse, or

(b)

impose conditions or restrictions on,

any intended variation, cancellation or revocation due to take place under paragraph (2).

(4)

A notification under paragraph (1) must be made in such form and manner, and contain such information, as the Commissioners may specify in a notice published by them.

(5)

The Commissioners may specify in a notice published by them any change that requires a notification under paragraph (1)(b).