Part III Licensing of Credit and Hire Businesses

Renewal, variation, suspension and revocation of licences

32 Suspension and revocation.

1

Where at a time during the currency of a licence the F1OFT is of the opinion that if the licence had expired at that time F2(assuming, in the case of a licence which has effect indefinitely, that it were a licence of limited duration)F3it would have been minded not to renew it, and that therefore it should be revoked or suspended, F3it shall proceed as follows.

2

In the case of a standard licence the F1OFT shall, by notice—

a

inform the licensee that, as the case may be, the F1OFT is minded to revoke the licence, or suspend it until a specified date or indefinitely, stating F4its reasons, and

F5b

invite him to submit to the OFT in accordance with section 34 representations—

i

as to the proposed revocation or suspension; and

ii

about the provision (if any) that should be included under section 34A as part of the determination were the OFT to revoke or suspend the licence.

3

In the case of a group licence the F1OFT shall—

a

give general notice that, as the case may be, F6it is minded to revoke the licence, or suspend it until a specified date or indefinitely, stating F7its reasons, and

b

in the notice invite any licensee to submit to F8it representations as to the proposed revocation or suspension in accordance with section 34.

4

In the case of a group licence issued on application the F1OFT shall also—

a

inform the original applicant that, as the case may be, the F1OFT is minded to revoke the licence, or suspend it until a specified date or indefinitely, stating F9its reasons, and

b

invite him to submit representations as to the proposed revocation or suspension in accordance with section 34.

5

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6

General notice shall be given of the revocation or suspension of a group licence.

7

A revocation or suspension under this section shall not take effect before the end of the appeal period.

8

Except for the purposes of section 29, a licensee under a suspended licence shall be treated, in respect of the period of suspension, as if the licence had not been issued; and where the suspension is not expressed to end on a specified date it may, if the F1OFT thinks fit, be ended by notice given by F11it to the licensee or, in the case of a group licence, by general notice.

F129

The OFT has no power to revoke or to suspend a standard licence simply because, by virtue of provision made in a general notice under section 24A(5), a person cannot apply for the renewal of such a licence on terms which are the same as the terms of the licence in question.