23. Appeal to Minister

(1)

A person aggrieved by any of the following decisions may appeal to the Minister within the prescribed period:

(a)

the Registrar’s refusal to grant or renew the registration of a registered corporate service provider under section 8;

(b)

the Registrar’s refusal to grant or renew the registration of a registered qualified individual under section 10;

(c)

a modification or addition of a condition of registration under section 13;

(d)

any regulatory action under section 18(1) or (2), 19(2) or (3), 20(1) or (2) or 21(2) or (3);

(e)

the Registrar’s refusal to cancel the registration of a registered person on an application made by the registered person under section 18(1)(e) or (2)(d) or 20(1)(d) or (2)(d).

(2)

An appeal under this section must be in writing and specify the grounds on which it is made, and must be made within 30 days after the date the decision appealed against is given to the appellant.

(3)

After considering an appeal, the Minister may —

(a)

reject the appeal and confirm the appealable decision;

(b)

allow the appeal and reverse the appealable decision; or

(c)

vary the appealable decision,and may impose any condition for the reversal or variation of the appeal decision that the Minister thinks fit.

(4)

The Minister’s decision on an appeal is final.

(5)

Every appellant must be notified of the Minister’s decision under subsection (3).

(6)

An appeal against an appealable decision does not affect the operation of the decision appealed against or prevent the taking of action to implement the decision and, unless otherwise directed by the Minister under this subsection, the decision appealed against must be complied with until the determination of the appeal.