C1C3C4 Part V Performance of Regulated Activities

Annotations:
Modifications etc. (not altering text)
C1

Pt. 5 modified (1.12.2001) by S.I. 2001/3592, arts. 1(2), 114(3)(a), 128(3)(a) (with art. 23(2))

F1Performance of controlled functions without approval

Annotations:
Amendments (Textual)
F1

Ss. 63A-63D and preceding cross-heading inserted (8.6.2010) by Financial Services Act 2010 (c. 28), ss. 11, 26(2)(b)

C263BProcedure and right to refer to Tribunal

1

If F2a regulator 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 F2a regulator 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 F2a regulator decides to impose a penalty on a person under section 63A, the person may refer the matter to the Tribunal.