[F1131HProcedure and right to refer to TribunalU.K.
(1)If the [F2FCA] proposes to take action against a person under section 131G, it must give the person a warning notice.
(2)A warning notice about a proposal to impose a penalty must state the amount of the penalty.
(3)A warning notice about a proposal to publish a statement must set out the terms of the statement.
(4)If the [F2FCA] decides to take action against a person under section 131G, it must give the person a decision notice.
(5)A decision notice about the imposition of a penalty must state the amount of the penalty.
(6)A decision notice about the publication of a statement must set out the terms of the statement.
(7)If the [F2FCA] decides to take action against a person under section 131G, the person may refer the matter to the Tribunal.]
Textual Amendments
F1Pt. 8A inserted (8.6.2010) by Financial Services Act 2010 (c. 28), ss. 8, 26(2)(b)
F2Word in Pt. 8A substituted (1.4.2013) by Financial Services Act 2012 (c. 21), ss. 25(1), 122(3) (with s. 25(2), Sch. 20); S.I. 2013/423, art. 3, Sch.