EN-6.3.1

Past version: Effective from 01 Oct 2007 to 30 Sep 2010
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A written financial penalty notice will be addressed to the Chief Executive Officer or General Manager of the licensee concerned. This written notification will describe the contravention concerned, the Central Bank's evidence supporting a financial penalty, and the factors justifying the level of penalty proposed. Only an Executive Director or more senior member of the Central Bank's management may sign the notification.

Added: October 2007