34. Withdrawal of authorised status

Past version: effective from 20/10/2015 - 19/10/2015
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(1) This section applies if —
(a) an Authorised Person's Financial Services Permission is cancelled; and
(b) as a result, there is no Regulated Activity for which it has a Financial Services Permission.
(2) The Regulator must give a direction withdrawing that person's status as an Authorised Person.