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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 7 March 2016 - onwards
  Version 5 of 5    

67. Disciplinary measures: procedure and right to refer to Tribunal

(1) If a regulator proposes to take action against a person under section 66, it must give him a warning notice; and if it proposes to take action under subsection (3)(aa), (ab) or (ac) of that section, it must also give each of the other interested parties a warning notice.

(2) A warning notice about a proposal to impose a penalty must state the amount of the penalty.

(2A) A warning notice about a proposal -

(a) to suspend an approval, or

(b) to impose a condition in relation to the performance of a function,

must state the period for which the suspension or condition is to have effect.

(2B) A warning notice about a proposal to limit the period for which an approval is to have effect must state the length of that period.

(3) A warning notice about a proposal to publish a statement must set out the terms of the statement.

(4) If a regulator decides to take action against a person under section 66, it must give him a decision notice; and if it decides to take action under subsection (3)

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