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Cap. 383 · Controlled Companies (Cap. 383)

Cap. 383 ст. 7Appeals Board.

ДействуетОфициальный текст

(1) For the purpose of this Act there shall be constituted a

Board to be styled the Appeals Board which shall consist of a Chairman and two other members appointed by the Minister.

(2) The members of the Board shall, before entering upon their office, take before the State Advocate the oath to examine and decide any matter referred to them with equity and impartiality.

(3) The Chairman shall be an advocate with a minimum of twelve years legal practice.

(4) The two other members mentioned in subarticle (1) shall be persons who in the opinion of the Minister, possess the necessary expertise and experience in banking or financial services.

(5) The members of the Board shall be appointed for such period that the Minister may establish in their letter of appointment, which period shall not exceed three years, and may only be removed by the Minister on the advice of the Commission for the Administration of Justice on the grounds of proved inability to perform the functions of their office whether arising from infirmity of body or mind or any other cause, or proved misbehaviour.

История изменений
  • Amended by L.N. 212 of 2023