{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000/section-143X",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000/section-143X.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": "section/143X",
  "kind": "section",
  "number": "143X",
  "heading": "Procedure for disciplinary measures",
  "text": "(1) If the FCA proposes to take action against a person under section 143W(2), (3) or (5) it must give the person a warning notice.\n(2) A warning notice about a proposal to impose a penalty must state the amount of the penalty.\n(3) A warning notice about a proposal to publish a statement must set out the terms of the statement.\n(4) A warning notice about a proposal to impose a restriction under section 143W(5) must state—\n(a) the terms of the restriction, and\n(b) the period for which the restriction is to have effect.\n(5) If the FCA decides to take action against a person under section 143W(2), (3) or (5) it must give the person a decision notice.\n(6) A decision notice about the imposition of a penalty must state the amount of the penalty.\n(7) A decision notice about the publication of a statement must state the terms of the statement.\n(8) After the statement is published, the FCA must send a copy of the statement to—\n(a) the person in respect of whom it is made, and\n(b) any person to whom a copy of the decision notice was given under section 393(4).\n(9) A decision notice about the imposition of a restriction under section 143W(5) must state—\n(a) the terms of the restriction, and\n(b) the period for which the restriction is to have effect.\n(10) If the FCA decides to take action against a person under section 143W(2), (3) or (5), the person may refer the matter to the Tribunal.\n(11) If the FCA decides to vary or cancel a restriction under section 143W(6), it must give written notice of its decision to the applicant.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 9C inserted (1.7.2021) by Financial Services Act 2021 (c. 22), s. 49(5), Sch. 2 para. 1; S.I. 2021/671, reg. 4(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/8/section/143X",
    "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."
}