Singapore legislation

Section 123ZB

of Securities and Futures Act 2001

Section 123ZB

Appeals

Amended by4/2017

Any authorised benchmark administrator who is aggrieved by —

(a)

the refusal of the Authority to grant an approval to the authorised benchmark administrator to appoint a person as its chief executive officer or director; or

(b)

the direction of the Authority to the authorised benchmark administrator to remove an officer from office or employment,may within 30 days after it is notified of the decision of the Authority, appeal to the Minister whose decision is final.

Section 123ZB — Securities and Futures Act 2001 | laws.sg