3. When requiring the provision of information by decision under paragraph 1 of this Article, ESMA shall:
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(a)
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refer to this Article as the legal basis for the request;
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(b)
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state the purpose of the request;
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(c)
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specify what information is required;
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(d)
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set a reasonable time limit within which the information is to be provided and the format in which the requested information is to be provided;
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(e)
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indicate the periodic penalty payments provided for in Article 37 where the requested information is not submitted within the set time limit or is incomplete;
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(f)
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indicate the fines provided for in Article 36 where the information supplied is incorrect or misleading;
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(g)
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indicate the right to appeal the decision before the Board of Appeal in accordance with Article 60 of Regulation (EU) No 1095/2010 and to have the decision reviewed by the Court of Justice of the European Union in accordance with Article 61 of Regulation (EU) No 1095/2010.
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