[391G Financial penalty: procedure]
Insolvency Act 1986 (1986 c 45) | Legislation

[391G  Financial penalty: procedure]

[(1)     Before imposing a penalty on a recognised professional body, the Secretary of State must give notice to the body—

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

(b)     specifying the requirement in question,

(c)     stating why the Secretary of State is satisfied as mentioned in section 391F(1), and

(d)     specifying a period within which the body may make written representations with respect to the proposal.

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

(a)     must

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