[F1140GDuty of regulator to publish responseU.K.
This section has no associated Explanatory Notes
(1)A regulator must, within 90 days after the day on which it receives section 140B advice, publish a response stating how it proposes to deal with the advice and in particular—
(a)whether it has decided to take any action, or to take no action, in response to the advice,
(b)if it has decided to take action, what action it proposes to take, and
(c)its reasons for its proposals.
(2)Publication is to be in such manner as the regulator thinks fit.]
Textual Amendments
F1Pt. 9A substituted for ss. 138-164 (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 24(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.