SCHEDULES

SCHEDULE 9Discipline and enforcement

PART 6Notice procedures

I129

1

Section 390 (final notices) is amended as follows.

2

In subsection (1)—

a

for “the Authority”, in the first place, substitute “ a regulator ”, and

b

for “the Authority”, in the second place, substitute “ the regulator ”.

3

In subsection (2)—

a

for “the Authority”, in the first place, substitute “ a regulator ”,

b

for “the Authority”, in the second place, substitute “ the regulator ”, and

c

for “a final notice” substitute “ the notice required by subsection (2A) ”.

4

After that subsection insert—

2A

The notice required by this subsection is—

a

in a case where the regulator is acting in accordance with a direction given by the Tribunal under section 133(6)(b), or by the court on an appeal from a decision by the Tribunal under section 133(6), a further decision notice, and

b

in any other case, a final notice.

5

In subsections (9) and (10), for “the Authority” substitute “ the regulator giving the notice ”.