SM04100 - Special Measures: Notification letters: Warning Notice
A Warning Notice informs a large business(SM02000) that it may be placed into Special Measures if behaviours(SM03000) do not improve. It does not bring the business into Special Measures.
A Warning Notice:
- is valid for 12 months from the date of issue, and can be extended up to 15 months
- may be withdrawn at any time within 15 months by issuing a withdrawal notice
- automatically expires if a Special Measures notice is issued
FA2016/SCH19/PT3/PARA41
FA2016/SCH19/PT3/PARA41(3)(a)-(b)