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Part VIIIU.K. Penalties for Market Abuse

Modifications etc. (not altering text)

ProcedureU.K.

127 Decision notices and right to refer to Tribunal.U.K.

(1)If the Authority decides to take action against a person under section 123, it must give him a decision notice.

(2)A decision notice about the imposition of a penalty must state the amount of the penalty.

(3)A decision notice about the publication of a statement must set out the terms of the statement.

(4)If the Authority decides to take action against a person under section 123, that person may refer the matter to the Tribunal.