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Part XIVU.K. Disciplinary Measures

Modifications etc. (not altering text)

C1Pt. XIV (ss. 205-211) applied (1.12.2001) by 1951 c. 65, s. 57(5) (as substituted (1.12.2001) by S.I. 2001/3647, art. 5, Sch. 3 Pt. I para. 5(3))

208 Decision notice.U.K.

(1)If the Authority decides—

(a)to publish a statement under section 205 (whether or not in the terms proposed), or

(b)to impose a penalty under section 206 (whether or not of the amount proposed),

it must without delay give the authorised person concerned a decision notice.

(2)In the case of a statement, the decision notice must set out the terms of the statement.

(3)In the case of a penalty, the decision notice must state the amount of the penalty.

(4)If the Authority decides to—

(a)publish a statement in respect of an authorised person under section 205, or

(b)impose a penalty on an authorised person under section 206,

the authorised person may refer the matter to the Tribunal.

Modifications etc. (not altering text)

C2S. 208 excluded (1.12.2001) by S.I. 2001/3592, arts. 1(2), 61(5), 110(6) (with art. 23(2))

C3S. 208 modified (18.7.2002 for certain purposes and 21.8.2002 otherwise) by The Electronic Commerce Directive (Financial Services and Markets) Regulations 2002 (S.I. 2002/1775), regs. 1, 12(1)

C4S. 208(1)(a)(b) modified (1.12.2001) by S.I. 2001/3592, arts. 1(2), 68(2), 69(2) (with art. 23(2))