The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013

Decision noticesU.K.

This adran has no associated Memorandwm Esboniadol

52.  In relation to any notice which is, by virtue of this Chapter of this Part, to be treated as a decision notice given under the Act—

(a)it is immaterial whether the notice complies with section 388(1)(b) to (e) of the Act (decision notices) M1, and

(b)that section applies as if, for subsections (3) and (4), there were substituted—

(3) The regulator concerned may, before it takes the action to which a decision notice (“the original notice”) relates, give the person concerned a further decision notice.

(4) A further decision notice given under subsection (3) may in particular—

(a)relate to different action in respect of the same matter, or

(b)vary the original notice..

Marginal Citations

M1Amended by the Financial Services Act 2012, Schedule 9, paragraphs 1 and 27.