F1Part 8AShort selling
Breach of short selling regulation etc
131HProcedure and right to refer to Tribunal
(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.