Explanatory Notes

Financial Services and Markets Act 2000

2000 CHAPTER 8

14 June 2000

Commentary on Sections

Part Xxv: Injunctions and Restitution

Section 385: Warning notices

675.This section requires the Authority to issue a warning notice informing someone of any proposal to require them to pay restitution under section 384.  A warning notice must comply with the provisions of section 387.  The warning notice must specify the amount of restitution proposed.