SCHEDULES

SCHEDULE 10Designation of approved regulators as licensing authorities

Part 2Cancellation of designation by order

Notification of the licensing authority

I118

I21

The Board must give the licensing authority a notice (“a warning notice”) accompanied by a draft of the proposed recommendation.

I22

The warning notice must—

a

state that the Board proposes to make a recommendation under subsection (5) of section 76 in the form of the accompanying draft, and

b

state the reasons why the Board is satisfied of the matters mentioned in paragraphs (a) and (b) of that subsection.

I23

The Board must publish a copy of the warning notice.

I24

The licensing authority may make to the Board—

a

written representations, and

b

if the Board authorises it to do so, oral representations,

about the proposed recommendation.

5

The Board must make rules governing the making of oral and written representations.

I26

Representations under this paragraph must be made within—

a

the period of 28 days beginning with the day on which the warning notice is given to the licensing authority, or

b

such longer period as the Board may specify in a particular case.

I27

The Board must consider any representations duly made by the licensing authority.

I28

Where oral representations are duly made, the Board must prepare a report of those representations.

I29

Before preparing that report, the Board must—

a

give the licensing authority a reasonable opportunity to comment on a draft of the report, and

b

have regard to any comments duly made.