52Decision on application

52 Decision on application (1) If the commission decides to grant an application for a key person licence, the commission must, as soon as practicable— (a) issue a key person licence to the applicant; and (b) give written notice of the issue of the licence to any relevant (2) If the commission decides to refuse to grant an application for a key person licence, the commission must, as soon as practicable— (a) notify the applicant in writing of the decision and the reasons for the decision; and (b) if the commission believes that a key relationship is in existence between the applicant and a licensed provider—give a copy of the notice to the licensed provider.