Financial Services (Banking Reform) Act 2013
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
74 Warning notices
(1) Before imposing a sanction on any person the Payment Systems Regulator must— (a) give the person a notice in writing (a “warning notice”), (b) give the person at least 21 days to make representations, (c) consider any representations made, and (d) as soon as is reasonably practicable, give the person a notice in writing stating whether or not it intends to impose the sanction. (2) In subsection (1) any reference to imposing a sanction is a reference to— (a) publishing details under section 72(1), or (b) requiring the payment of a penalty under section 73.
74 Warning notices
(1) Before imposing a sanction on any person the Payment Systems Regulator must— (a) give the person a notice in writing (a “warning notice”), (b) give the person at least 21 days to make representations, (c) consider any representations made, and (d) as soon as is reasonably practicable, give the person a notice in writing stating whether or not it intends to impose the sanction. (2) In subsection (1) any reference to imposing a sanction is a reference to— (a) publishing details under section 72(1), or (b) requiring the payment of a penalty under section 73.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.