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In forceAmended2020 Revised Edition
Contents

Part 12A · Control of Designated Operating Entities and Designated Equity Interest Holders

86HC. Other provisions relating to remedial directions

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Amended

Last amended by an amending law of 2024.

(1)

Before issuing any direction to a person under section 86G, 86HA or 86HB, the Authority must —

(a)

unless the Authority decides that it is not practicable or desirable to do so, give the person written notice of the Authority’s intention to issue the direction and specify a date by which the person may make written representations with regard to the direction; and

(b)

consider every written representation from the person received on or before the specified date mentioned in paragraph (a).

(2)

The Authority may, at any time, revoke, vary or discharge, or suspend the operation of, any direction given by it under section 86G, 86HA or 86HB.

(3)

Any person who fails to comply with a direction issued by the Authority under section 86G, 86HA or 86HB (including a direction that is varied under subsection (2)) within the period specified by the Authority shall be guilty of an offence.

Report

Part 13

Control of Designated Licensees and Designated Operating Entities

Part 14

Liability of Authority

Part 15

Offences

Part 16

Miscellaneous Provisions

Schedules