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Consumer Credit Act 1974

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32 Suspension and revocation.E+W+S+N.I.

(1)Where at a time during the currency of a licence the [F1OFT] is of the opinion that if the licence had expired at that time [F2(assuming, in the case of a licence which has effect indefinitely, that it were a licence of limited duration)][F3it] would have been minded not to renew it, and that therefore it should be revoked or suspended, [F3it] shall proceed as follows.

(2)In the case of a standard licence the [F1OFT] shall, by notice—

(a)inform the licensee that, as the case may be, the [F1OFT] is minded to revoke the licence, or suspend it until a specified date or indefinitely, stating [F4its] reasons, and

[F5(b)invite him to submit to the OFT in accordance with section 34 representations—

(i)as to the proposed revocation or suspension; and

(ii)about the provision (if any) that should be included under section 34A as part of the determination were the OFT to revoke or suspend the licence.]

(3)In the case of a group licence the [F1OFT] shall—

(a)give general notice that, as the case may be, [F6it] is minded to revoke the licence, or suspend it until a specified date or indefinitely, stating [F7its] reasons, and

(b)in the notice invite any licensee to submit to [F8it] representations as to the proposed revocation or suspension in accordance with section 34.

(4)In the case of a group licence issued on application the [F1OFT] shall also—

(a)inform the original applicant that, as the case may be, the [F1OFT] is minded to revoke the licence, or suspend it until a specified date or indefinitely, stating [F9its] reasons, and

(b)invite him to submit representations as to the proposed revocation or suspension in accordance with section 34.

(5)F10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)General notice shall be given of the revocation or suspension of a group licence.

(7)A revocation or suspension under this section shall not take effect before the end of the appeal period.

(8)Except for the purposes of section 29, a licensee under a suspended licence shall be treated, in respect of the period of suspension, as if the licence had not been issued; and where the suspension is not expressed to end on a specified date it may, if the [F1OFT] thinks fit, be ended by notice given by [F11it] to the licensee or, in the case of a group licence, by general notice.

[F12(9)The OFT has no power to revoke or to suspend a standard licence simply because, by virtue of provision made in a general notice under section 24A(5), a person cannot apply for the renewal of such a licence on terms which are the same as the terms of the licence in question.]

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Amendments (Textual)

F2Words in s. 32(1) inserted (6.4.2008) by Consumer Credit Act 2006 (c. 14), ss. {34(6)}, 71(2); S.I. 2007/3300, art. 3(2), Sch. 2

F5S. 32(2)(b) substituted (6.4.2008) by Consumer Credit Act 2006 (c. 14), ss. {32(5)}, 71(2); S.I. 2007/3300, art. 3(2), Sch. 2

F10S. 32(5) repealed (6.4.2008) by Consumer Credit Act 2006 (c. 14), ss. {32(6)}, 70, 71(2), {Sch. 4}; S.I. 2007/3300, art. 3(2), Sch. 2

F12S. 32(9) inserted (6.4.2008) by Consumer Credit Act 2006 (c. 14), ss. {31(5)}, 71(2); S.I. 2007/3300, art. 3(2), Sch. 2

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