SCHEDULES

SCHEDULE 10E+WDesignation of approved regulators as licensing authorities

Part 2E+WCancellation of designation by order

Notification of the licensing authorityE+W

18(1)The Board must give the licensing authority a notice (“a warning notice”) accompanied by a draft of the proposed recommendation.E+W

(2)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.

(3)The Board must publish a copy of the warning notice.

(4)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.

(6)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.

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

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

(9)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.