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In force2020 Revised Edition

Part 9 · Authority’S Control Over Licensed Credit Bureaus

58. Remuneration and expenses of Authority and others in certain cases

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The Authority may at any time fix the remuneration and expenses to be paid by a licensed credit bureau —

(a)

to a statutory adviser or statutory manager appointed in relation to the licensed credit bureau, whether or not the appointment has been revoked; and

(b)

where the Authority has assumed control of any business of a licensed credit bureau under section 54(2)(c), to the Authority and any person appointed by the Authority under section 5 in relation to its assumption of control of such business, whether or not the Authority has ceased to be in control of such business.

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