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Section 391(8)

FSMA 2000

For the purposes of determining when a supervisory notice takes effect, a matter to which the notice relates is open to review if— the period during which any person may refer the matter to the Tribunal is still running; the matter has been referred to the Tribunal but has not been dealt with; the matter has been referred to the Tribunal and dealt with but the period during which an appeal may be brought against the Tribunal’s decision is still running; or such an appeal has been brought but has not been determined.

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