Past version: effective from 21/10/2015 - 02/02/2020
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If the Regulator proposes to revoke or vary a Waiver, or revokes or varies a Waiver with immediate effect, it will:
(1) give the Authorised Person or Recognised Body written notice either of its proposal, or of its action, and may give reasons for such proposal or action; and
(2) state in the notice a reasonable period within which the Authorised Person or Recognised Body can make representations about the proposal or action.