SCHEDULES

SCHEDULE 9Requirements under section 77: undertakings

Inaccurate, incomplete or misleading information

6

Where Monitor is satisfied that a person who has given a section 77 undertaking has supplied Monitor with inaccurate, misleading or incorrect information in relation to the undertaking—

a

Monitor may treat the person as having failed to comply with the undertaking, and

b

if Monitor decides so to treat the person, Monitor must by notice revoke any certificate of compliance given to that person.