OFT licence definition
OFT licence means a standard licence issued by the OFT on or before 31 March 2014 under the Consumer Credit Act 1974;
Examples of OFT licence in a sentence
Firms that held an OFT licence and had registered with the FCA by 31 March 2014, including Santander UK, were granted an interim permission under the new regime and had to apply to the FCA for full authorisation during an application period notified by the FCA.