SCHEDULES

SCHEDULE 10Designation of approved regulators as licensing authorities

Part 1Designation of approved regulators by order

Determination of applications

I112

1

After considering—

a

the application and accompanying material,

b

any other information provided by the applicant,

c

any advice duly given under paragraphs 4 to 7,

d

any representations duly made under paragraph 9, and

e

any other information which the Board considers relevant to the application,

the Board must decide whether to grant the application.

2

Where the application relates to more than one reserved legal activity, the Board may grant the application in relation to all or any of them.

3

The Board must give notice of its decision to the applicant (“the decision notice”).

4

Where the Board decides to refuse the application (in whole or in part), the decision notice must specify the reasons for that decision.

5

The Board must publish the decision notice.