s 301H Duration of approval
(1) Approval of an acquisition is effective for such period as the FCA may specify in writing. (2) Where the FCA has specified a period under subsection (1), it may extend the period. (3) Where the FCA has not specified a period, the approval is effective for one year beginning with the date— (a) of the notice given under section 301G(3)(a); (b) on which the FCA is treated as having given approval under section 301G(5); or (c) of a decision on a reference to the Tribunal which results in the person receiving approval.