Section 952(3)

The Panel must prepare a statement (a “policy statement”) of its policy with respect to— the imposition of the sanction in question, and where the sanction is in the nature of a financial penalty, the amount of the penalty that may be imposed. An element of the policy must be that, in making a decision about any such matter, the Panel has regard to the factors mentioned in subsection (4).

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