Cap. 637 · Crowdfunding Service Providers Act (Cap. 637)
Cap. 637 Art. 25Notice of administrative penalties and other measures.
PART IV
(1) If the competent authority proposes to impose an administrative penalty or any other measure on any person under article 23, it shall give such person a notice in writing of its intention to do so, setting out the reasons for the decision it proposes to take.
(2) Every notice given under sub-article (1) shall specify that the recipient of the notice may, within such reasonable period after the service thereof, as may be specified in the notice, make representations in writing to the competent authority giving reasons why the proposed decision should not be taken, and the competent authority shall consider any representation so made before arriving at a final decision.
(3) The competent authority shall as soon as practicable, notify its final decision in writing to any person to whom notice is to be given under sub-article (1).