PART 4Approvals

CHAPTER 3Procedure: decisions, appeals and notices

Appeals56

1

An undertaking may refer the matter to the Tribunal where it is aggrieved at—

a

the determination by the PRA of an application for the—

i

grant of an approval to an undertaking; or

ii

variation of an approval granted to an undertaking;

b

in respect of an approval that was granted to that undertaking, the exercise by the PRA of a power to—

i

vary the approval; or

ii

revoke the approval.

2

Part 9 of FSMA (hearings and appeals) applies to a reference to the Tribunal under this regulation as it applies to a reference to the Tribunal under FSMA.