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14Section 34 (when it becomes clear that authorisation is not to be withdrawn) has effect as if—
(a)in subsection (1)—
(i)after “2” there were inserted “or 2A”;
(ii)after “withdrawn” there were inserted “or refused”;
(b)in the table in subsection (3), in the first column (triggering event) for “Item 1 or 2” (in both places) there were substituted “Item 1 or 2 or 2A (decision to refuse to authorise existing Master Trust scheme)”;
(c)in that table, in the first row for item 1 or 2 or 2A, in the second column (circumstances)—
(i)in point 1, after “determination” there were inserted “or decision”;
(ii)in point 2, after “withdrawn” there were inserted “or refused”;
(d)in that table, in the second row for item 1 or 2 or 2A, in the second column (circumstances), in point 2, after “withdrawn” there were inserted “or refused”;
(e)in subsection (4), at the end there were inserted—
“(c)section 6(2), in a case where that section applies.”;
(f)in the section heading, at the end there were inserted “or refused”.
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