[123N Revocation of scheme]

[123N  Revocation of scheme]

[(1)     The franchising authority or authorities operating a franchising scheme may revoke, or acting jointly may revoke, the franchising scheme.

(2)     The authority or authorities may revoke the scheme only if they are satisfied that—

(a)     local services in the area to which the scheme relates are likely to be better if the scheme did not apply,

(b)     the continued operation of the scheme is likely to cause financial difficulties for the authority or any of the authorities, or

(c)     the burdens of

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