(1) If a regulator proposes -
(a) to publish a statement in respect of an authorised person (under section 205),
(b) to impose a penalty on an authorised person (under section 206), or
(c) to suspend a permission of an authorised person or impose a restriction in relation to the carrying on of a regulated activity by an authorised person (under section 206A),
it must give the authorised 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.
(4) A warning notice about a proposal to suspend a permission or impose a restriction must state the period for which the suspension or restriction is to have effect.