Part VIIIPenalties for Market Abuse

Procedure

127Decision notices and right to refer to Tribunal

(1)

If the Authority decides to take action against a person under section 123, it must give him a decision notice.

(2)

A decision notice about the imposition of a penalty must state the amount of the penalty.

(3)

A decision notice about the publication of a statement must set out the terms of the statement.

(4)

If the Authority decides to take action against a person under section 123, that person may refer the matter to the Tribunal.