(1) If a regulator proposes to make a prohibition order it must give the individual concerned a warning notice.
(2) The warning notice must set out the terms of the prohibition.
(3) If a regulator decides to make a prohibition order it must give the individual concerned a decision notice.
(4) The decision notice must -
(a) name the individual to whom the prohibition order applies;
(b) set out the terms of the order; and
(c) be given to the individual named in the order.
(5) A person against whom a decision to make a prohibition order is made may refer the matter to the Tribunal.
(6) If -
(a) the FCA proposes to make a prohibition order, and
(b) as a result of the proposed order, an individual will be prohibited from performing a function of interest to the PRA,
the FCA must consult the PRA before giving a warning notice under this section.
(7) A function is of interest to the PRA if it is performed in relation to a regulated activity carried on by -
(a) a PRA-authorised person, or
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