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Apr 18 2006 - Jul 31 2006Aug 1 2006 - Jul 11 2010

50. Rejection of an application

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(1) The DFSA may in its absolute discretion refuse to grant an application for registration.
(2) Upon refusing to grant registration, the DFSA shall without undue delay inform the Operator and, if appointed, the Trustee in writing of such refusal and, where requested by the Operator or Trustee, the reasons for such refusal.