GEN 8.2.7

If the Regulator proposes to revoke or vary a Waiver or Modification, or revokes or varies a Waiver or Modification 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.
Amended on (3 February, 2020).