Regulation 41 Time limits for making consumer redress orders
The Regulator may not give a consumer redress order in respect of a contravention later than the end of the period of 5 years from the time of the contravention, unless before the end of that period—
(a)
the notice under regulation 39(1) relating to the order is served on the authorised person;
(b)
a notice relating to the contravention is served on the authorised person under regulation 48(2); or
(c)
a final or provisional order is served on the authorised person.