{
  "url": "https://openlegislation.uk/finance-act-2014-schedule-34-prescribed-matters-regulations-2015/regulation-3",
  "json_url": "https://openlegislation.uk/finance-act-2014-schedule-34-prescribed-matters-regulations-2015/regulation-3.json",
  "legislation": "uksi/2015/131",
  "legislation_title": "The Finance Act 2014 (Schedule 34 Prescribed Matters) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/finance-act-2014-schedule-34-prescribed-matters-regulations-2015",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Prescribed action",
  "text": "Prescribed action for the purposes of paragraph 8(1)(b) of Schedule 34 to the Finance Act 2014 means any action by a professional body which results in any claim of misconduct being referred to—\n(a) a disciplinary process which determines—\n(i) the seriousness of the misconduct, and\n(ii) the level of any penalty to be imposed; or\n(b) a conciliation, arbitration or similar settlement process (however described) which determines the seriousness of the misconduct and the level of any penalty to be imposed.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/131/regulation/3",
    "retrieved_at": "2026-10-28T23:49:00.353545+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}