Part XIV Disciplinary Measures

208 Decision notice.

(1)

If F1a regulator decides—

(a)

to publish a statement under section 205 (whether or not in the terms proposed), F2. . .

(b)

to impose a penalty under section 206 (whether or not of the amount proposed), F3 or

(c)

to suspend a permission or impose a restriction under section 206A (whether or not in the manner proposed),

it must without delay give the authorised person concerned a decision notice.

(2)

In the case of a statement, the decision notice must set out the terms of the statement.

(3)

In the case of a penalty, the decision notice must state the amount of the penalty.

F4(3A)

In the case of a suspension or restriction, the decision notice must state the period for which the suspension or restriction is to have effect.

(4)

If F5a regulator decides to—

(a)

publish a statement in respect of an authorised person under section 205, F6. . .

(b)

impose a penalty on an authorised person under section 206, F7 or

(c)

suspend a permission of an authorised person, or impose a restriction in relation to the carrying on of a regulated activity by an authorised person, under section 206A,

the authorised person may refer the matter to the Tribunal.