139ZU.— (1) Subsections (2) and (3) apply where the Commission has made a decision under section 139ZS to impose an administrative financial sanction on a F259[person].

(2)  The F259[person] may make submissions to the Commission in relation to the application of section 139ZW to the determination of the amount of the sanction—

(a) at an oral hearing, where the Commission considers it necessary, or

(b) otherwise, in writing, within the period of 10 working days from the date the F259[person] receives the notice under section 139ZT, or such longer period as the Commission may specify in the notice.

F259[(3) Where a person makes submissions to the Commission under subsection (2)(b), the Commission may by notice in writing request the person to provide, within a specified period, such further information as the Commission considers appropriate for the purposes of determining the amount of the sanction.]

F259[(4) A person who—

(a) without reasonable excuse fails to comply with a request under subsection (3), or

(b) in purported compliance with a request under subsection (3), gives to the Commission information which the person knows to be false or misleading in any material respect,

shall be guilty of a category 2 offence.]]