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Cap. 555 · Arbiter For Financial Services Act (Cap. 555)

Cap. 555 Art. 17Disqualification or removal from office.

PART III

In KraftAmtlicher Text

(1) A person shall be disqualified from remaining as an Arbiter and may be removed from Office by the Minister on the ground of proved inability to perform the functions of his office, whether arising from inability of body or mind or on the ground of proved misbehaviour:

Provided that in taking a decision to remove any person from the office of Arbiter under this article, the Minister shall act in accordance with the principles of natural justice.

(2) The decision of the Minister to remove a person from the office of Arbiter shall be subject to appeal to the Court of Appeal by application to be filed in the said Court within ten days from the notification of the decision to the Arbiter.

(3) The Court of Appeal shall order the service of the application filed in terms of sub-article (2) upon the Minister who shall have ten days within which to file a reply.

(4) An appeal filed in terms of this article shall be heard with urgency and shall be determined by judgement within four months from the filing of the reply or from the date when the period for the filing of the reply shall have lapsed.

(5) The Court of Appeal may, upon a demand of the Minister or of the Arbiter shorten the time limits provided for in this article for the filing of the appeal and the reply.