# Financial Services and Markets Act 2000, Section 192Z: Procedure and right to refer to Tribunal


(1) If a regulator proposes to take action against a person under section 192Y, it must give the person a warning notice.
(2) A warning notice about a proposal to impose a penalty must state the amount of the penalty.
(3) A warning notice about a proposal to publish a statement must set out the terms of the statement.
(4) If the regulator decides to take action against a person under section 192Y, it must give the person a decision notice.
(5) A decision notice about the imposition of a penalty must state the amount of the penalty.
(6) A decision notice about the publication of a statement must set out the terms of the statement.
(7) If the regulator decides to take action against a person under section 192Y, the person may refer the matter to the Tribunal.

---
Source: https://www.legislation.gov.uk/ukpga/2000/8/section/192Z (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-192Z
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.