SCHEDULES

SCHEDULE 1Pause orders

Period of effect etc of a pause order

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1

A pause order must specify the period for which it has effect, which must not exceed three months.

2

The Regulator may on one or more occasions by order extend the period for which the pause order has effect for a further three months.

3

A pause order that is in effect at the end of the triggering event period ceases to have effect at the end of that period.