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Good point. How long could it take for the regulators to say OK? What else do they need to do apart from read the reports and say OK? It's not like they are going test it themselves. Strikes me as a 24hr thing, if they really wanted to. It's not like buying a house where every cunt just ignores the forms they're sent to read.
Then what is the reason for saying they are awaiting approval? To stop/curb the initial rush?