The Commission may suspend an operating licence if following a review under section 116(1) or (2) the Commission thinks that any of the conditions specified in section 120(1) applies.
The Commission may suspend an operating licence if at the time of deciding to conduct a review under section 116(1) or (2), or at any time during the course of a review, the Commission suspects that any of the conditions specified in section 120(1) may apply.
The Commission may suspend an operating licence if it thinks that any of the conditions specified in section 120(2) applies.
The Commission must suspend an operating licence if directed to do so under paragraph 3 of Schedule 27 to the Finance Act 2014.
Where the Commission suspends an operating licence it—
An operating licence shall have no effect in respect of anything done while it is suspended under this section.