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SCHEDULE 4SFinancial penalties

AppealS

8(1)An approved regulator on which a financial penalty is imposed under paragraph 2 may appeal to the Court of Session against the penalty on one or more of the appeal grounds.S

(2)On an appeal under this paragraph—

(a)the Court may—

(i)uphold, vary or quash the decision that is the subject of the appeal,

(ii)make such further order as is necessary in the interests of justice,

(b)the Court's determination is final.

Commencement Information

I1Sch. 4 para. 8 in force at 1.4.2011 for specified purposes by S.S.I. 2011/180, art. 3, Sch.

I2Sch. 4 para. 8 in force at 2.7.2012 in so far as not already in force by S.S.I. 2012/152, art. 2, Sch.