Part V

Performance of Regulated Activities

Approval

Statement of policy relating to conditional approval and variation
63ZD
1
Each regulator must prepare and issue a statement of its policy with respect to—
a
its giving of approval under section 59 subject to conditions or for a limited period only, and
b
its variation under section 63ZA or 63ZB of an approval given under section 59.
2
A regulator may at any time alter or replace a statement issued by it under this section.
3
If a statement issued under this section is altered or replaced by a regulator, the regulator must issue the altered or replacement statement.
4
A statement issued under this section must be published by the regulator concerned in the way appearing to the regulator to be best calculated to bring it to the attention of the public.
5
A regulator may charge a reasonable fee for providing a person with a copy of a statement published under this section.
6
A regulator must, without delay, give the Treasury a copy of any statement which it publishes under this section.
Pt. 5 modified (1.12.2001) by S.I. 2001/3592, arts. 1(2), 114(3)(a), 128(3)(a) (with art. 23(2))
Pt. 5 modified (7.11.2018) by The EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018 (S.I. 2018/1149), regs. 1(2), 23 (with regs. 4, 22, 26(1)(2)) (as amended (31.1.2020 immediately before exit day) by The Financial Services (Consequential Amendments) Regulations 2020 (S.I. 2020/56), regs. 1, 6(2))
Ss. 63ZD, 63ZE inserted (25.7.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 27, 148(5); S.I. 2014/1819, art. 2(1)(b)
Pt. 5 modified by S.I. 2018/1149, reg. 69 (as inserted (1.3.2019) by The Financial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019 (S.I. 2019/405), regs. 1(2), 4)