PART 4Compensation arrangements regarding the Guarantee Fund
Issuing of licences5
1
Where an approved regulator issues a licence (including a provisional licence) in accordance with its licensing rules made under section 14 of the 2010 Act, it must, within the permitted timescale, provide the following information to the Law Society—
a
the name of the licensed provider;
b
the date on which the licence was issued;
c
the term of the licence; and
d
details of any conditions or restrictions attaching to the licence.
2
In this regulation—
“within the permitted timescale” means as soon as reasonably practicable and not later than a period of 28 days commencing on the day after the day on which the licence was issued.