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Section 63B: Procedure and right to refer to Tribunal

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

Part V: Performance of Regulated Activities

If a regulator proposes to impose a penalty on a person under section 63A, it must give the person a warning notice.

A warning notice must state the amount of the penalty.

If a regulator decides to impose a penalty on a person under section 63A, it must give the person a decision notice.

A decision notice must state the amount of the penalty.

If a regulator decides to impose a penalty on a person under section 63A, the person may refer the matter to the Tribunal.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

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