280 Procedure.U.K.
(1)If the [F1FCA] proposes to [F2make an order under section 279] revoking a recognition order, it must give a warning notice to the operator and (if any) the trustee or depositary of the scheme.
(2)If the [F1FCA] decides to F3... make an order under that section—
(a)it must without delay give a decision notice to the operator and (if any) the trustee or depositary of the scheme; and
(b)the operator or the trustee or depositary may refer the matter to the Tribunal.
Textual Amendments
F1Word in ss. 271-283B substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 9(1)(2) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F2Words in s. 280(1) substituted (22.7.2013) by The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773), reg. 1, Sch. 1 para. 25(a)
F3Words in s. 280(2) omitted (22.7.2013) by virtue of The Alternative Investment Fund Managers Regulations 2013 (S.I. 2013/1773), reg. 1, Sch. 1 para. 25(b)
Modifications etc. (not altering text)
C1S. 280(1) extended (1.12.2001) by S.I. 2001/3592, arts. 1(2), 47(1), 48(1) (with art. 23(2))