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Textual Amendments

SCHEDULESF1

SCHEDULE 13U.K. The Financial Services and Markets Tribunal

Part IVU.K. Tribunal Procedure

Decisions of TribunalU.K.

12(1)A decision of the Tribunal may be taken by a majority.

(2)The decision must—

(a)state whether it was unanimous or taken by a majority;

(b)be recorded in a document which—

(i)contains a statement of the reasons for the decision; and

(ii)is signed and dated by the member of the panel of chairmen dealing with the reference.

(3)The Tribunal must—

(a)inform each party of its decision; and

(b)as soon as reasonably practicable, send to each party and, if different, to any authorised person concerned, a copy of the document mentioned in sub-paragraph (2).

(4)The Tribunal must send the Treasury a copy of its decision.

Modifications etc. (not altering text)

C4Sch. 13 para. 12(1)-(3) applied (with modifications) (E.W.) (23.1.2007) by Compensation Act 2006 (c. 29), ss. 12(5)(g), 16(1); S.I. 2007/94, art. 3(a)