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Cap. 331 · Trusts And Trustees Act (Cap. 331)

Cap. 331 Art. 46ANotification of proposed refusal, variation, cancellation or suspension of an authorisation.

In KraftAmtlicher Text

(1) Where the Authority proposes -

(a) to vary any condition to which the authorisation is subject or to impose a condition thereon; or

(b) to refuse an application for an authorisation or to cancel or suspend an authorisation, it shall give the applicant or, as the case may be, the authorised trustee notice in writing of its intention to do so, setting out the reasons for the decision it proposes to take.

(2) Every notice given under subarticle (1) shall state that the recipient of the notice may, within such reasonable period after the service thereof as may be stated in the notice, being a period of not less than forty-eight hours and not longer than thirty days, make representations in writing to the Authority giving reasons why the proposed decision should not be taken, and the Authority shall consider any representation so made before arriving at a final decision.

(3) The Authority shall as soon as practicable notify its final decision in writing to the applicant or the authorised trustee, as the case may be.

(4) The provisions of this article shall also apply, mutatis with respect to a registration applied for in accordance with mutandis, article 43B or a registration granted in accordance with article 45, as applicable.

Änderungsgeschichte
  • Amended by XXIX.2025.5