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← Labuan Financial Services Authority Act 1996

Labuan Financial Services Authority Act 1996 s 21

Labuan Financial Services Authority Act 1996 s 21

Some sections could not be extracted from the official PDF, so this text may be incomplete.

s 21 Appeal against decision of disciplinary committee

(1) A decision of the disciplinary committee under paragraph 20(2)(a) shall be appealable to the Minister. (2) A decision of the disciplinary committee under paragraph 20(2)(b) shall be appealable to the Disciplinary Appeal Board which shall consist of the following members: (a) the Chairman of the Authority, who shall be the chairman of the Disciplinary Appeal Board and having a casting vote; and (b) three members of the Authority, not being members of the disciplinary committee whose decision is the subject matter of the appeal, to be appointed by the chairman of the Disciplinary Appeal Board with the approval of the Authority for the purpose of the appeal. (3) The Minister or the Disciplinary Appeal Board, as the case may be, may confirm, reverse or vary the decision of the disciplinary committee. (4) When the Disciplinary Appeal Board considers an appeal under subsection (2), a member of the disciplinary committee against whose decision the appeal is made who is also a member of the Authority shall not be present or in any way participate in any proceedings relating to that appeal. (5) The decision of the Minister or the Disciplinary Appeal Board under subsection (3) shall be final and conclusive.

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Find Act 545 on lom.agc.gov.my ↗

Text as at 1 June 2006 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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