Section 226
of Securities Markets Order, 2013
ORDERIn forceProvision 225 of 288
Section 226
(2)
If, having given a warning notice, the Authority decides to refuse approval it must give the operator or the custodian of the collective investment scheme a decision notice.
(3)
The Panel has jurisdiction to hear and determine any appeal in relation to a decision made under this section.
Powers of intervention for collective investment scheme.