F1PART 12BApproval of certain holding companies

Approval

192X.References to Tribunal

(1)

A reference may be made to the Tribunal by—

(a)

a company which is aggrieved by the decision of the PRA under section 192R to refuse approval, or to reject an application for an exemption; or

(b)

a notified person who is aggrieved by the exercise by the PRA of its powers in relation to directions under section 192T.

(2)

“Notified person” means a person to whom notice under section 192U(1) has been given, or ought to have been given.