(1)Monitor must give notice—
(a)to an applicant for a licence under this Chapter of a proposal to refuse the application;
(b)to the licence holder of a proposal to revoke a licence under section 89(b).
(2)A notice under this section must—
(a)set out Monitor’s reasons for its proposal;
(b)specify the period within which representations with respect to the proposal may be made to Monitor.
(3)The period so specified must be not less than 28 days beginning with the day after that on which the notice is received.