Cap. 370 Art. 19Appeals.

(1) In this article the Financial Services Tribunal means the Tribunal established under article 21 of the Malta Financial

Services Authority Act.

(2) Subject to the provisions of this article, an appeal shall lie to the Tribunal with respect to:

(a) any notice in terms of article 3(3);

(b) any failure to inform an applicant within the terms of article 6(6);

(c) any administrative penalty imposed under article 16A;

(d) any refusal, variation, cancellation or suspension of a licence under article 8(3);

(e) any notice issued or any order made in terms of articles 10, 10A and 10C;

(f) any decision concerning an advertisement under article 11;

(g) any punishment or penalty imposed under article 12(5);

(h) any directive given under article 15; or

(i) any measure taken in terms of article 15A(1), (2) and (4);

(j) any measure taken in terms of paragraphs (a) to (l) of article 16AA(1).

(3) The provisions of article 21 of the Malta Financial Services Authority Actshall apply to appeals that may be mutatis mutandis brought before the Tribunal under this article.

(4) In pursuance of the UCITS Directive, the Tribunal referred to in this article shall also have the competence to hear appeals by European management companies, exercising a freedom of establishment or a freedom to provide services in Malta, from decisions of the competent authority to take measures for breaches incurred by European management companies and the phrases "aggrieved person" and "appellant" in article 21 of the Malta

Financial Services Authority Act shall include European management companies.