{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000/schedule-13/paragraph-12",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000/schedule-13/paragraph-12.json",
  "legislation": "ukpga/2000/8",
  "legislation_title": "Financial Services and Markets Act 2000",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000",
  "path": "schedule/13/paragraph/12",
  "kind": "paragraph",
  "number": "12",
  "heading": null,
  "text": "(1) A decision of the Tribunal may be taken by a majority.\n(2) The decision must—\n(a) state whether it was unanimous or taken by a majority;\n(b) be recorded in a document which—\n(i) contains a statement of the reasons for the decision; and\n(ii) is signed and dated by the member of the panel of chairmen dealing with the reference.\n(3) The Tribunal must—\n(a) inform each party of its decision; and\n(b) as soon as reasonably practicable, send to each party and, if different, to any authorised person concerned, a copy of the document mentioned in sub-paragraph (2).\n(4) The Tribunal must send the Treasury a copy of its decision.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 13 para. 12(1)-(3) applied (with modifications) (E.W.) (23.1.2007) by Compensation Act 2006 (c. 29), ss. 12(5)(g), 16(1); S.I. 2007/94, art. 3(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/8/schedule/13/paragraph/12",
    "retrieved_at": "2026-10-29T09:21:21.899993+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."
}