The SRA Handbook is no longer in effect. It was replaced by the SRA Standards and Regulations on 25 November 2019.
SRA Handbook
Decision period
Back to version 21Version 1 of the Handbook was published on 16/09/2011. For more information, please click 'History' Above
Rule 5: Decision period
- 5.1
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The SRA must:
- (a)
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decide an authorisation application;
- (b)
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notify the applicant body of its decision;
- (c)
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if it decides to refuse the application, set out in the notice the reasons for the refusal;
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before the end of the decision period.
- 5.2
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The decision period is the period of 6 months beginning with the day on which the application is made to the SRA in accordance with these rules.
- 5.3
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The SRA may, on one occasion, give the applicant body a notice (an "extension notice") extending the decision period by a period specified in the notice.
- 5.4
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But:
- (a)
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an extension notice must only be given before the time when the decision period would end, but for the extension notice; and
- (b)
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the total decision period must not exceed 9 months.
- 5.5
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An extension notice must set out the reasons for the extension.
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Guidance notes
- (i)
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See Rule 2.2 above for when an application is made.
- (ii)
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The SRA will extend the period for making a decision if it considers this necessary for the proper consideration of the application (see paragraph 2 of Schedule 11 to the LSA).
- (iii)
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The means of notice or notification can include any form of written electronic communication normally used for business purposes, such as emails.