Fox Hayes v Financial Services Authority; UTTC 30 Mar 2010

References: [2010] UKUT B15 (FS)
Links: Bailii
Coram: Sir Stephen Oliver QC
UTTC PENALTY – Authorised Person – Partnership – Decision Notice imposing penalty issued after termination of Partnership – whether regulatory authority has power to impose penalty on dissolved partnership – whether partners are personally liable – who rank as partners in dissolved partnership – FSMA 2000 32(1), 40(1(c) and 206(1).
Statutes: Financial Services and Markets Act 2000 32(1) 40(1)(c) 206(1)