# Financial Services and Markets Act 2000, Section 385: Warning notices.

Extent: E+W+S+N.I.

(1) If a regulator proposes to exercise the power under section 384(5) in relation to a person, it must give him a warning notice.
(2) A warning notice under this section must specify the amount which the regulator proposes to require the person concerned to pay or distribute as mentioned in section 384(5).

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/385 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-385
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.