The Secretary of State may by regulations provide for section 102 not to apply to the holder of a specified description of operating licence.
An application under section 102(2)(b) must be accompanied by the prescribed fee.
An application may be made under section 102(2)(b) in respect of a person who is expected to become a controller of a company.
The Commission shall as soon as is reasonably practicable inform an applicant under section 102(2)(b) of—
In giving a direction under section 102(3) the Commission shall have regard to normal commercial practices in relation to the confidentiality of information.
Regulations under subsection (2) above may, in particular, provide for a reduction of fee where the application is a result of—
Revocation of an operating licence under section 102 shall be treated for all purposes (including the application of section 119) as revocation under section 119.