SCHEDULESF4F5F6

C1C2SCHEDULE 16 Prohibitions and Restrictions imposed by F3OFFICE OF FAIR TRADING

Annotations:
Amendments (Textual)
F3

Sch. 16: words in heading substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 40(21)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)

Modifications etc. (not altering text)
C1

Sch. 16 applied (with modifications) (1.5.2009 for certain purposes and 1.11.2009 otherwise) by The Payment Services Regulations 2009 (S.I. 2009/209), regs. 1(2), 26(1) (with reg. 3)

C2

Sch. 16 applied (with modifications) (30.4.2011) by The Electronic Money Regulations 2011 (S.I. 2011/99), reg. 31(1) (with reg. 3)

Application to revoke prohibition or restriction

3

1

This paragraph applies if the F1OFT proposes to refuse an application made by a firm for the revocation of a prohibition or restriction.

2

The F1OFT must by notice—

a

inform the firm of the proposed refusal, stating F2its reasons; and

b

invite the firm to submit representations in accordance with paragraph 4.