SCHEDULECivil Sanctions

PART 3Enforcement Undertakings

Discharge of an enforcement undertaking20

1

If the regulator is satisfied that an enforcement undertaking has been complied with, it must issue a certificate to that effect.

2

The regulator may require the person who has given the undertaking to provide sufficient information to determine that the undertaking has been complied with.

3

The person who gave the undertaking may at any time apply for such a certificate.

4

The regulator must decide whether to issue such a certificate, and give written notice of the decision to the applicant, within 14 days of such an application.