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.