[F163BProcedure and right to refer to TribunalU.K.
This section has no associated Explanatory Notes
(1)If the Authority proposes to impose a penalty on a person under section 63A, it must give the person a warning notice.
(2)A warning notice must state the amount of the penalty.
(3)If the Authority decides to impose a penalty on a person under section 63A, it must give the person a decision notice.
(4)A decision notice must state the amount of the penalty.
(5)If the Authority decides to impose a penalty on a person under section 63A, the person may refer the matter to the Tribunal.]
Textual Amendments
F1Ss. 63A-63D and preceding cross-heading inserted (8.6.2010) by Financial Services Act 2010 (c. 28), ss. 11, 26(2)(b)