{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-designated-activities-supervision-and-enforcement-regulations-2025/schedule/paragraph-17",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-designated-activities-supervision-and-enforcement-regulations-2025/schedule/paragraph-17.json",
  "legislation": "uksi/2025/22",
  "legislation_title": "The Financial Services and Markets Act 2000 (Designated Activities) (Supervision and Enforcement) Regulations 2025",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-designated-activities-supervision-and-enforcement-regulations-2025",
  "path": "schedule/paragraph/17",
  "kind": "paragraph",
  "number": "17",
  "heading": null,
  "text": "(1) Section 208 (decision notice) is amended as follows.\n(2) In subsection (1)—\n(a) in paragraph (a), for “205” substitute “205(1)”;\n(b) in paragraph (b), for “206” substitute “206(1)”.\n(3) After subsection (1) insert—\n“(1A) If the FCA decides—\n(a) to publish a statement in respect of a person under section 205(2),\n(b) to impose a penalty on a person under section 206(1A), or\n(c) to impose a prohibition or restriction on a person under section 206B,\nit must without delay give the person a decision notice.”.\n(4) In subsection (3A), after “suspension”, in both places, insert “, prohibition”.\n(5) In subsection (4)—\n(a) in paragraph (a), for “205” substitute “205(1)”;\n(b) in paragraph (b), for “206” substitute “206(1)”.\n(6) After subsection (4) insert—\n“(5) If the FCA decides to—\n(a) publish a statement in respect of a person under section 205(2),\n(b) impose a penalty on a person under section 206(1A), or\n(c) impose a prohibition or restriction on a person under section 206B,\nthe person may refer the matter to the Tribunal.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Subsection (3A) was inserted by paragraph 19 of Schedule 2 to the Financial Services Act 2010."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/22/schedule/paragraph/17",
    "retrieved_at": "2026-10-28T21:21:53.493112+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."
}