Section 28B

A notice under section 28A(2)(b) or (3) must— give the FCA's reasons for its determination, and give an indication of— the right to have the matter referred to the Tribunal that is conferred by subsection (3), and the procedure on such a reference. The FCA must, so far as it is reasonably practicable to do so, give a copy of the notice to any other person who appears to it to be affected by the determination to which the notice relates. A person who is aggrieved by the determination of an application under section 28A(2)(b) or (3) may refer the matter to the Tribunal.

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