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PART 6 N.I.EXCEPTIONAL FUNDING

Determination of applications for certificatesN.I.

51.—(1) Where the Director makes—

(a)an exceptional case determination under Article 12A(2) of the Order; or

(b)a wider public interest determination under Article 12A(4) of the Order,

the Director shall provide written reasons for the determination.

(2) Notwithstanding regulation 3, a certificate under this Part may, at the discretion of the Director, specify that the certificate is to be treated as having effect from such date as the Director considers appropriate.