Section 123ZB
Appeals
of Securities and Futures Act 2001
ActIn forceProvision 667 of 701
Section 123ZB
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.