SCHEDULE 1Administration and enforcement of Parts 3, 4, and 5
PART 3Administrative sanctions and offences
Administrative sanctions
Warning notice12
1
If a regulator proposes to—
a
publish a statement in respect of a person under paragraph 10; or
b
impose a penalty on a person under paragraph 11,
it must give the person a warning notice.
2
A warning notice about a proposal to publish a statement must set out the terms of the statement.
3
A warning notice about a proposal to impose a penalty must state the amount of the penalty.