PART 3Grant of a licence – general
CHAPTER 3Grant of a licence: general
Preparation of the licence and informing the applicant of its grant21.
If the regulator grants a licence31, the regulator must—
(a)
prepare the licence and any conditions to be included in the licence, in writing,
(b)
send that licence to the applicant, and
(c)
give the applicant written reasons for including any conditions in the licence.