Financial Services and Markets Act 2000

126 Warning notices.U.K.

This section has no associated Explanatory Notes

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

(2)A warning notice about a proposal to impose a penalty must state the amount of the proposed penalty.

(3)A warning notice about a proposal to publish a statement must set out the terms of the proposed statement.