(1)If the Authority proposes—
(a)to publish a statement in respect of an authorised person (under section 205), or
(b)to impose a penalty on an authorised person (under section 206),
it must give the authorised person a warning notice.
(2)A warning notice about a proposal to publish a statement must set out the terms of the statement.
(3)A warning notice about a proposal to impose a penalty, must state the amount of the penalty.