Before the Payment Systems Regulator, as the result of an investigation under regulation 98, makes a decision that any rules or conditions governing access to, or participation in, a payment system contravene regulation 97(1) or (3), the Payment Systems Regulator must -
(a) give notice to the person (or persons) who the Payment Systems Regulator considers are responsible for the contravention, and
(b) give that person (or those persons) an opportunity to make representations.