[1225E Financial penalties: supplementary]
[1225E Financial penalties: supplementary]
Companies Act 2006 | Legislation

[(1)     Before imposing a penalty on a body, the Secretary of State must give the body a notice (a “notice of proposed penalty”)—

(a)     stating that the Secretary of State proposes to impose a penalty and the amount of the penalty proposed,

(b)     identifying the requirement or obligation in question and stating why it appears to the Secretary of State that the requirement is not satisfied or the obligation has not been complied with, and

(c)     specifying a period within which the body may make written representations with respect to the proposed penalty.

(2)     The period specified under subsection (1)(c)—

(a)     must begin with the date on which the notice of proposed penalty is given to the body, and

(b)     must not be less than 21 days.