C1C2Part VI Official Listing

Annotations:
Modifications etc. (not altering text)
C1

Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)

Penalties

94 Statements of policy: procedure.

1

Before issuing a statement under section 93, the F1FCA must publish a draft of the proposed statement in the way appearing to the F1FCA to be best calculated to bring it to the attention of the public.

2

The draft must be accompanied by notice that representations about the proposal may be made to the F1FCA within a specified time.

3

Before issuing the proposed statement, the F1FCA must have regard to any representations made to it in accordance with subsection (2).

4

If the F1FCA issues the proposed statement it must publish an account, in general terms, of—

a

the representations made to it in accordance with subsection (2); and

b

its response to them.

5

If the statement differs from the draft published under subsection (1) in a way which is, in the opinion of the F1FCA, significant, the F1FCA must (in addition to complying with subsection (4)) publish details of the difference.

6

The F1FCA may charge a reasonable fee for providing a person with a copy of a draft published under subsection (1).

7

This section also applies to a proposal to alter or replace a statement.