[404D Applications to Tribunal to quash rules or provision of rules]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[404D  Applications to Tribunal to quash rules or provision of rules]

[(1)     Any person may apply to the Tribunal for a review of any rules made under section 404.

(2)     The Tribunal may—

(a)     dismiss the application; or

(b)     make an order (a “quashing order”) quashing any rules made under section 404 or any provision of those rules.

(3)     An application may be made only if permission to make it has first been obtained from the Tribunal.

(4)     The Tribunal may grant permission to make an application only if it considers that the applicant has a sufficient interest in the matter to which the application relates.

(5)     The general rule is that, in determining an application, the Tribunal is to apply the principles applicable on an application for judicial review.

(6)

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