Singapore legislation

Clause 157

of Financial Services and Markets Bill

Clause 157

Appeals to Minister

(1)

A licensee that is aggrieved by a decision of the Authority under section 155(3)(b) may, within 30 days after receiving the decision of the Authority, appeal in writing to the Minister, whose decision is final.

(2)

A licensee, or any chief executive officer, director, partner or manager of that licensee, that is aggrieved by a written notice of the Authority under section 156(1) may, within 30 days after receiving the notice, appeal in writing to the Minister, whose decision is final.

Clause 157 — Financial Services and Markets Bill | laws.sg