Section 133A: Proceedings before Tribunal: decision and supervisory notices, etc.

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part IX: Hearings and Appeals

In determining in accordance with section 133(5) a reference made (whether under this or any other Act) as a result of a decision notice given by a body, the Tribunal may not direct the body to take action which it would not, as a result of section 388(2), have had power to take when giving the notice.

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The action specified in a decision notice must not be taken—

during the period within which the matter to which the notice relates may be referred to the Tribunal (whether under this or any other Act); and
if the matter is so referred, until the reference, and any appeal against the Tribunal's determination, has been finally disposed of.

The Tribunal may, on determining a reference (whether made under this or any other Act) in respect of a decision of the FCA or the PRA, make recommendations as to its regulating provisions or its procedures.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.