PART 8Recognised investment exchanges and clearing houses
Directions and revocation: procedure38
1
Paragraphs (2) to (4) apply if—
a
the Authority gave a notice under section 29856 (directions and revocation: procedure) (including a written notice under section 298 as applied by section 290(5) or section 290A(5)57 (refusal of recognition on ground of excessive regulatory provision)) to a recognised clearing house before the commencement date; and
b
the end of the period for making representations is, or is after, the commencement date.
2
The notice is to be treated as if it had been given by the Bank of England.
3
Any representations made to the Authority before the commencement date are to be treated as if they had been made to the Bank of England.
4
Representations may be made to the Bank of England before the end of the period specified in the notice.