CRD Welcome Package

SCHEDULE IV

Section 181(2)

NOTICE OF OPPORTUNITY TO DISCHARGE LIABILITY

The Eastern Caribbean Central Bank has reason to believe that [ name of bank ] has committed an offence under section of the Banking Act having [ particulars of offence ]; and hereby gives the [ name of bank ] the opportunity to discharge liability for this offence by payment of the sum of [ insert fixed penalty listed in Schedule III in words and figures ] to the Central Bank on or before the day of , 20 and before that date no proceedings in respect of this offence will be taken.

___________________________ Governor Eastern Caribbean Central Bank

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