38 Financial penalties: procedure
Legal Services Act 2007 (2007 c 29) | Legislation

38  Financial penalties: procedure

(1)     If the Board proposes to impose a penalty on an approved regulator, it must give notice to the approved regulator—

(a)     stating that the Board proposes to impose a penalty and the amount of the penalty proposed to be imposed,

(b)     specifying the failure to which the proposed penalty relates,

(c)     specifying the other facts which, in the Board's opinion, justify the imposition of a penalty and the amount of the penalty, and

(d)     specifying the time (not being earlier than the end of the period of 21 days beginning with the day on which

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