Cap. 345 Art. 43Operation of a decision.

An appeal against a decision of the competent authority or a market operator of an authorized regulated market shall not suspend the operation of that decision:

Provided that a decision of the competent authority or a market operator operating an authorized regulated market to remove listed financial instruments from listing and, or trading, as applicable, on an authorised regulated market, or a decision of the competent authority to withdraw an approval for a covered bond programme, shall not become operative until the expiration of the period within which an appeal lies under this article and, if an appeal is filed within such period, the decision shall become operative on the date of the decision of the Tribunal dismissing the appeal or on the date on which the appeal is abandoned.