Section 133B

This section applies in the case of proceedings before the Tribunal in respect of— a decision of the FCA or the PRA; a decision of the Bank of England; or a decision of a person relating to the assessment of any compensation or consideration under the Banking (Special Provisions) Act 2008 , the Banking Act 2009 or the Financial Services and Markets Act 2023. A person is guilty of an offence if that person, without reasonable excuse— refuses or fails— to attend following the issue of a summons by the Tribunal; or to give evidence; or alters, suppresses, conceals or destroys, or refuses to produce a document which he may be required to produce for the purposes of proceedings before the Tribunal. A person guilty of an offence under subsection (2)(a) is liable on summary conviction to a fine not exceeding level 5 on the standard scale. A person guilty of an offence under subsection (2)(b) is liable— on summary conviction, to a fine not exceeding the statutory maximum; on conviction on indictment, to imprisonment for a term not exceeding two years or a fine or both.

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