SCHEDULE 1Civil Sanctions
PART 3Enforcement Undertakings
Enforcement undertakings 17
1
A regulator may accept an enforcement undertaking given by a person in a case where the regulator has reasonable grounds to suspect that the person has committed an offence under Part 2 of these Regulations.
2
For the purposes of this Part, an “enforcement undertaking” is a written undertaking to take such action as may be specified in the undertaking within such period as may be so specified.