Fox Hayes v Financial Services Authority: FIN/2006/0015

Upper Tribunal Tax and Chancery decision of Judge Oliver QC, Member Hanson and Member Carter on 11 May 2010.

Read the full decision in Fox Hayes v Financial Services Authority: FIN/2006/0015 .

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).

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