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Modifications etc. (not altering text)
C1Pt. V (ss. 56-71) modified (1.12.2001) by S.I. 2001/3592, arts. 1(2), 114(3)(a), 128(3)(a) (with art. 23(2))
(1)If the Authority decides to grant an application made under section 60 (“an application”), it must give written notice of its decision to each of the interested parties.
(2)If the Authority proposes to refuse an application, it must give a warning notice to each of the interested parties.
(3)If the Authority decides to refuse an application, it must give a decision notice to each of the interested parties.
(4)If the Authority decides to refuse an application, each of the interested parties may refer the matter to the Tribunal.
(5)“The interested parties”, in relation to an application, are—
(a)the applicant;
(b)the person in respect of whom the application is made (“A”); and
(c)the person by whom A’s services are to be retained, if not the applicant.
Modifications etc. (not altering text)
C2S. 62 modified (1.7.2009 for certain purposes, otherwise 30.6.2010) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2009 (S.I. 2009/1342), arts. 1(2), 34, {Sch. paras. 1, 3}
C3Ss. 60-63 applied (with modifications) (31.12.2011) by The Financial Services and Markets Act 2000 (Permissions, Transitional Provisions and Consequential Amendments) (Northern Ireland Credit Unions) Order 2011 (S.I. 2011/2832), art. 8
Commencement Information
I1S. 62 wholly in force at 1.12.2001; s. 62 not in force at Royal Assent see s. 431(2); s. 62 in force for specified purposes at 3.9.2001 by S.I. 2001/2632, art. 2(2), Sch. Pt. 2; s. 62 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)