Issuance of in-principle approval

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Full Text of the Document

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.... conditions for granting authorisation, the Authority may issue an "in-principle approval" letter to the Applicant and shall require the Applicant to satisfy such conditions as may be specified by the Authority in the "in-principle approval" letter before grant of authorisation. (2) Grant of authorisation to an Applicant who has been issued "in-principle approval" shall be at the sole discretio....