Home   Browse contents   View updates   Search  
     Quick search
Go
   

Whole SectionText only Print Print Manager Link


  Versions
(1 version)
 
Aug 21 2014 onwards

5. Decision Notice



Whole Section PDF

To view past versions of this module in PDF format, please visit the Archive.

(1) If the DFSA decides to make a decision to which this Schedule applies, it must, as soon as practicable, give the Relevant Person a written notice (a "Decision Notice") specifying:
(a) the decision;
(b) the reasons for the decision, including its findings of fact;
(c) the date on which the decision is to take effect;
(d) if applicable, the date by which any relevant action must be taken by the person; and
(e) the person's right to seek review of the decision by the FMT (where applicable).
(2) The Decision Notice must include a copy of the relevant materials which were considered in making the decision.
(3) For the purposes of sub-paragraph (2), the DFSA:
(a) may refer to materials (instead of providing a copy) if they are already held by the Relevant Person or are publicly available; and
(b) is not required to provide material that is the subject of legal professional privilege.