PART 10 Notices

CHAPTER 1 Transfer elections

23 Suspension of permission to carry on regulated activities etc
1 Paragraph (2) applies if, before the commencement date—
(a) the Authority had, under section 206A—
(i) suspended a permission, or
(ii) imposed a limitation or a restriction,
for such period as it considered appropriate;
(b) the period had not expired; and
(c) the Authority had not withdrawn the suspension, limitation or restriction.
2 The FCA may make a transfer election (see article 24) in relation to the suspension, limitation or restriction.