179References to CAP

179 References to CAP

(1)  The Competent Authority must refer an application for an exemption, or an exemption that it has granted, to the CAP if the Authority considers that the exemption is to have effect in all participating jurisdictions or participating jurisdictions including this jurisdiction.

(2)  The Competent Authority must refer to the CAP an exemption having effect in this jurisdiction, and one or more other participating jurisdictions, if –

(a) the Authority considers that the exemption should be cancelled or varied; or

(b) a corresponding authority recommends to the Competent Authority in writing that the exemption should be cancelled or varied.