# The Bank Recovery and Resolution Order 2014, Article 122: Sanctions: procedure


(1) Section 192L (procedure and right to refer to Tribunal) is amended as follows.
(2) After subsection (3) insert—
“(3A) A warning notice about a proposal to impose a restriction under section 192K(3A) must state—
(a) the terms of the restriction, and
(b) the period for which the restriction is to have effect.”
(3) After subsection (6A) insert—
“(6B) A decision notice about the imposition of a restriction under section 192K(3A) must state—
(a) the terms of the restriction, and
(b) the period for which the restriction is to have effect.”.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111123782/article/122 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-order-2014/article-122
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

