[192L Procedure and right to refer to Tribunal]
[192L Procedure and right to refer to Tribunal]

[(1)     If a regulator proposes to take action against a person under section 192K, it must give the person a warning notice.

(2)     A warning notice about a proposal to impose a penalty must state the amount of the penalty.

(3)     A warning notice about a proposal to publish a statement must set out the terms of the statement.

[(3A)     A warning notice about a proposal to impose a restriction under section 192K(3A) must state—

(a)     the terms of the restriction, and

(b)     the period for which the restriction is to have effect.]

(4)     If the regulator decides to take action against a person under section 192K, it must give the person a decision notice.