s 33 Withdrawal of authorisation ....
(1) This section applies if— (a) an authorised person’s Part 4A permission is cancelled; and (b) as a result, there is no regulated activity for which he has permission. (2) The appropriate regulator must give a direction withdrawing that person’s status as an authorised person. (2A) In subsection (2) “ the appropriate regulator ” means— (a) in the case of a PRA-authorised person, the PRA, and (b) in any other case, the FCA.