Warning noticeU.K.
This section has no associated Explanatory Memorandum
12.—(1) If a regulator proposes to—
(a)publish a statement in respect of a person under paragraph 10; or
(b)impose a penalty on a person under paragraph 11,
it must give the person a warning notice.
(2) A warning notice about a proposal to publish a statement must set out the terms of the statement.
(3) A warning notice about a proposal to impose a penalty must state the amount of the penalty.