SCHEDULES

SCHEDULE 9Director’s Rules

Parallel exemptions

9Rules may make provision as to—

(a)the circumstances in which the Director may—

(i)impose conditions or obligations in relation to a parallel exemption,

(ii)vary or remove any such conditions or obligations,

(iii)impose additional conditions or obligations, or

(iv)cancel the exemption;

(b)as to the procedure to be followed by the Director if he is acting under section 10(5);

(c)the form and manner in which notice of a decision to take any of the steps in sub-paragraph (a) is to be given;

(d)the circumstances in which an exemption may be cancelled with retrospective effect.