Consumer Credit Act 1974 (c. 39)

Part III U.K. Licensing of Credit and Hire Businesses

Renewal, variation, suspension and revocation of licences U.K.

33 Application to end suspension. U.K.

(1) On an application made by a licensee the [F1 OFT] may, if [F2 it] thinks fit, by notice to the licensee end the suspension of a licence, whether the suspension was for a fixed or indefinite period.

(2) Unless the [F1 OFT] determines to end the suspension in accordance with the application [F2 it] shall, before determining the application, by notice—

(a) inform the applicant, giving [F3 its] reasons, that [F2 it] is minded to refuse the application, and

(b) invite the applicant to submit to the [F1 OFT] representations in support of his application in accordance with section 34.

(3) General notice shall be given that a suspension of a group licence has been ended under this section.

(4) In the case of a group licence issued on application—

(a) the references in subsection (1) to a licensee include the original applicant;

(b) the [F1 OFT] shall inform the original applicant that a suspension of a group licence has been ended under this section.

Textual Amendments

F1 Words in s. 33 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(15)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)

F2 Words in s. 33 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(15)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)

F3 Word in s. 33(2)(a) substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 6(15)(b); S.I. 2003/766, art. 2, Sch. (with art. 3)