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Is it possible to let MIP license lapse

lorrainelorraine Trusted RegularRegistered Posts: 400
I am asking this question because although I am a MIP I haven't carried out any Self Employed work yet. I was wondering can you let the license lapse and when I do get my 1st client, re-apply for MIP status and MLR and PI Insurance etc?

I was wondering if this was possible at all?

All answers very much appreciated.

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