6(1)Section 67 of FSMA 2000 (disciplinary measures: procedure and right to refer to Tribunal) is amended as follows.U.K.
(2)In subsection (1), for “or (ab)” substitute “ , (ab) or (ac) ”.
(3)In subsection (2A), for “restriction” (in both places) substitute “ condition ”.
(4)After subsection (2A) insert—
“(2B)A warning notice about a proposal to limit the period for which an approval is to have effect must state the length of that period.”
(5)In subsection (4), for “or (ab)” substitute “ , (ab) or (ac) ”.
(6)In subsection (5A), for “restriction” (in both places) substitute “ condition ”.
(7)After subsection (5A) insert—
“(5B)A decision notice about limiting the period for which an approval is to have effect must state the length of that period.”
(8)In subsection (7), for “or (ab)” substitute “ , (ab) or (ac) ”.
Commencement Information
I1Sch. 3 para. 6 in force at 7.3.2016 by S.I. 2015/490, art. 2(1)(b) (with savings and transitional provisions in S.I. 2015/492 (as amended by S.I. 2015/1660))