Sch 2A para 17
(1) The appropriate UK regulator may not reject a notification unless— (a) it is required to do so under paragraph 18, or (b) it has power to do under paragraph 19 or 20. (2) A notification is rejected when the appropriate UK regulator gives a written notice of the rejection to the Gibraltar regulator. (3) The rejection of a notification does not prevent the Gibraltar regulator from giving a further notification relating to the same person and the same activity.