Singapore legislation
Regulation 3
of Securities and Futures (Appeals under Parts II, IIA, III, IIIA and VIAA of Act) Regulations
Regulation 3
Procedure for appeals to Minister
Subregulation 1
An appellant may appeal to the Minister by lodging with a Secretary —
within the period stipulated in the relevant provision of the Act, a notice of appeal containing a brief description of the decision appealed against, in Form 1 in the Schedule; and
within 21 days from the date on which such notice of appeal was lodged, a petition of appeal containing particulars of the decision appealed against, the issues arising in the appeal and the reasons for the appeal, in Form 2 in the Schedule.
Subregulation 2
The Minister may, in his discretion and subject to such conditions as he may impose, accept a notice of appeal or petition of appeal lodged by the appellant after the expiration of the period specified in paragraph (1)(a) or (b), if the Minister is satisfied that the appellant was unable to lodge the notice of appeal or petition of appeal, as the case may be, within that specified period due to the appellant’s absence from Singapore, illness or any other reason where the Minister is satisfied that there has not been any unreasonable delay on the part of the appellant.
Subregulation 3
A Secretary who receives a notice of appeal or petition of appeal shall immediately forward such document to the Minister and a copy of such document to the Authority.
Subregulation 4
The Authority may, on receipt of any document referred to in paragraph (3), provide its reasons for the decision being appealed against to the Minister.