Financial Services and Markets Act 2000

276 Procedure when refusing an application.U.K.
This section has no associated Explanatory Notes

(1)If the Authority proposes to refuse an application made under section 272 it must give the applicant a warning notice.

(2)If the Authority decides to refuse the application—

(a)it must give the applicant a decision notice; and

(b)the applicant may refer the matter to the Tribunal.

Commencement Information

I1S. 276 wholly in force at 1.12.2001; s. 276 not in force at Royal Assent see s. 431(2); s. 276 in force for specified purposes at 3.9.2001 by S.I. 2001/2632, art. 2(2), Sch. Pt. 2; s. 276 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)