OpenLegislation

Paragraph 8 Directions and penalties

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Where the OFT gives a direction to a person under section 32 or 33 of the Act, it shall at the same time inform that person in writing of the facts on which it bases the direction and its reasons for giving the direction.

(2)

Where the OFT requires an undertaking to pay a penalty under section 36 of the Act, it shall at the same time inform that undertaking in writing of the facts on which it bases the penalty and its reasons for requiring that undertaking to pay the penalty.

(3)

The OFT shall publish directions given under section 32 or 33 of the Act.

(4)

The OFT shall publish penalties imposed under section 36 of the Act.

Notes on Schedule

Footnotes

f1

1998 c. 41.