# The Immigration Act 2014 (Bank Accounts) Regulations 2014, Regulation 25: Requirement to issue decision notice


(1) If, having considered any representations made in response to the warning notice, the FCA decides to—
(a) publish a statement under regulation 15 (public censure) or 16 (statement of misconduct);
(b) impose a penalty under regulation 17 (financial penalties);
(c) impose a restriction on a permission under regulation 18 (restriction on permission to carry on regulated activities);
(d) suspend or restrict an approval under regulation 19 (suspension of and restriction on approval to carry on functions),
it must without delay give the person concerned a decision notice.
(2) The decision notice must set out the following—
(a) in the case of a statement under regulation 15 or 16, the terms of the statement;
(b) in the case of a penalty under regulation 17, the amount of the penalty;
(c) in the case of a restriction on a permission under regulation 18, the restriction and the period for which it is to have effect;
(d) in the case of a suspension or restriction on an approval under regulation 19, the suspension or restriction and the period for which it is to have effect.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111119105/regulation/25 (the official version)
Page: https://openlegislation.uk/draft-immigration-act-2014-bank-accounts-regulations-2014/regulation-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.