Rechtsbibliothek und Fallanalyse · Österreich · Belgien · Europäische Union
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S.L. 345.30 · Financial Markets Act (Sponsors) (S.L. 345.30)

S.L. 345.30 Art. 6Notification.

In KraftAmtlicher Text

(1) The competent authority shall, after having reviewed the duly completed registration and the accompanying documents, notify the applicant in writing of its decision whether to grant or refuse registration:

Provided that the competent authority may, at its discretion and at any time, request the applicant to provide any additional information and, or documentation as the competent authority may deem necessary, and such applicant shall collaborate with the competent authority and shall promptly collate and transmit, without any undue delay, such information and documentation as the competent authority may request:

Provided further that where an applicant fails to provide any additional information and, or documentation which may be requested by the competent authority, within three (3) months from the date of the request of the additional documentation, the competent authority shall deem such an application for registration to have been withdrawn by the applicant.

(2) Where the competent authority decides to refuse the application for registration as a sponsor, it shall give the applicant notice of its decision in writing, stating the reasons for such refusal.