207CRenewal of approval

207C Renewal of approval (1) An approved category A scheme operator may apply to the Secretary for renewal of their approval at any time within the period— (a) beginning 6 months before the expiry of the approval; and (b) ending on the day before the expiry of the approval. (2) The Secretary, on receiving an application under subsection (1), must— (a) renew the operator's approval; or (b) refuse to renew the operator's approval. (3) If the Secretary does not make a decision on an application under subsection (1) before the expiry of the approval, the applicant's approval continues in effect until the Secretary makes a decision on the application. (4) For the purposes of subsections (1) and (2), sections 206(2), 207 and 207A apply as if the application were an application made under section 206(1). (5) Section 207B applies to a renewal of approval under this section as if the renewal were an approval under section 207A. S. 207D inserted by No. 26/2025 s. 8.