In forceAs enacted

Contents

Financial Advisers (Appeals) Regulations 2025 · As enacted · Part 3 · Making Appeal and Documents of Appeal

12. Authority’s reasons

(1)

The Authority must, within 28 days after the date on which it receives a copy of a notice of appeal from the Appeals Secretary under regulation 10(2) —

(a)

file with the Appeals Secretary the Authority’s reasons; and

(b)

cause a copy of the Authority’s reasons to be served on the appellant.

(2)

The Appeals Secretary must, as soon as practicable upon receipt of the Authority’s reasons, forward the Authority’s reasons to the Appeal Advisory Committee.

(3)

The following persons may, upon an application of the Authority made within the time specified in paragraph (1), extend the time specified in that paragraph for the filing of the Authority’s reasons:

(a)

where the Appeal Advisory Committee has been constituted at the time of the application — the Committee;

(b)

in all other cases — the Minister.

Subregulation 1

The Authority must, within 28 days after the date on which it receives a copy of a notice of appeal from the Appeals Secretary under regulation 10(2) —

(a)

file with the Appeals Secretary the Authority’s reasons; and

(b)

cause a copy of the Authority’s reasons to be served on the appellant.

Subregulation 2

The Appeals Secretary must, as soon as practicable upon receipt of the Authority’s reasons, forward the Authority’s reasons to the Appeal Advisory Committee.