Schedule 9, Part 1, Part 5A, paragraph 206X

Where the Bank of England notifies a person under section 206W(1) that it intends to impose a sanction, the person may appeal to the Upper Tribunal. Where the Bank imposes a sanction on a person without notice in reliance on section 206W(3), the person may appeal to the Upper Tribunal. The Bank of England may not impose a sanction while an appeal under this section could be brought or is pending.

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