Section 89M(3)

The notice must— give details of the FCA's action or proposed action; state the FCA's reasons for taking the action in question and choosing the date on which it took effect or takes effect; inform the recipient that he may make representations to the FCA within such period as may be specified by the notice (whether or not he had referred the matter to the Tribunal); inform him of the date on which the action took effect or takes effect; inform him of his right to refer the matter to the Tribunal (see section 89N) and give an indication of the procedure on such a reference.

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