(1)If [F1569a regulatorF1569] decides—
(a)F1571to publish a statement under section [F1570205(1)F1570] (whether or not in the terms proposed), . . .
(b)to impose a penalty under section [F1572206(1)F1572] (whether or not of the amount proposed), [F1573 or
(c)to suspend a permission or impose a restriction under section 206A (whether or not in the manner proposed),F1573]
it must without delay give the authorised person concerned a decision notice.
[F1574 (1A)If the FCA decides—
(a)to publish a statement in respect of a person under section 205(2),
(b)to impose a penalty on a person under section 206(1A), or
(c)to impose a prohibition or restriction on a person under section 206B,
it must without delay give the person a decision notice.F1574]
(2)In the case of a statement, the decision notice must set out the terms of the statement.
(3)In the case of a penalty, the decision notice must state the amount of the penalty.
[F1575 (3A)In the case of a suspension [F1576 , prohibitionF1576] or restriction, the decision notice must state the period for which the suspension [F1576 , prohibitionF1576] or restriction is to have effect.F1575]
(4)If [F1577a regulatorF1577] decides to—
(a)F1579publish a statement in respect of an authorised person under section [F1578205(1)F1578] , . . .
(b)impose a penalty on an authorised person under section [F1580206(1)F1580] , [F1581 or
(c)suspend a permission of an authorised person, or impose a restriction in relation to the carrying on of a regulated activity by an authorised person, under section 206A,F1581]
the authorised person may refer the matter to the Tribunal.
[F1582 (5)If the FCA decides to—
(a)publish a statement in respect of a person under section 205(2),
(b)impose a penalty on a person under section 206(1A), or
(c)impose a prohibition or restriction on a person under section 206B,
415.If having issued a warning notice, and heard any representations, the Authority decides at the end of the relevant period to proceed with the public statement or penalty, it must issue a decision notice. This should also set out the terms of the proposed statement or the amount of the proposed fine (either of which may change in response to any representations made).
416.The authorised person has a right to have the matter referred to the Tribunal, in accordance with the provisions of Part IX of the Act. No further action can be taken by the Authority during the period in which the person has the right to have the matter referred to the Tribunal or, where the matter has been referred, until the Tribunal hearing and any subsequent appeal have run their course.