Section 133A

In determining in accordance with section 133(5) a reference made (whether under this or any other Act) as a result of a decision notice given by a body, the Tribunal may not direct the body to take action which it would not, as a result of section 388(2), have had power to take when giving the notice. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The action specified in a decision notice must not be taken— during the period within which the matter to which the notice relates may be referred to the Tribunal (whether under this or any other Act); and if the matter is so referred, until the reference, and any appeal against the Tribunal's determination, has been finally disposed of. The Tribunal may, on determining a reference (whether made under this or any other Act) in respect of a decision of the FCA or the PRA, make recommendations as to its regulating provisions or its procedures.

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Source: legislation.gov.uk · retrieved 2026-09-04