Part IX Hearings and Appeals

133A Proceedings before Tribunal: decision and supervisory notices, etc.

(1)

In determining F2in accordance with section 133(5) a reference made (whether under this or any other Act) as a result of a decision notice F3given by a body, the Tribunal may not direct the body to take action which it would not, as a result of section 388(2), have had power to take when giving the notice.

F4(2)

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F5(3)

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(4)

F6The action specified in a decision notice must not be taken—

(a)

during the period within which the matter to which the notice relates may be referred to the Tribunal (whether under this or any other Act); and

(b)

if the matter is so referred, until the reference, and any appeal against the Tribunal's determination, has been finally disposed of.

(5)

The Tribunal may, on determining a reference (whether made under this or any other Act) in respect of a decision of F7the FCA or the PRA, make recommendations as to F8its regulating provisions or its procedures.