Section 53F: Determination of Review Panel
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
53F. Determination of Review Panel
(1) On the hearing of an application for review, the Review Panel may—
(a) confirm, amend or cancel a decision made by the Bank; or
(b) remit the matter to the Bank for reconsideration.
(2) Where there is a disagreement among the members of the Review
Panel, the decision of the majority shall be the determination of the Review
Panel.
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Bank of Mauritius Act
(3) Every determination of the Review Panel shall be in writing and shall
include the reasons for the determination, a statement of its findings on
material questions of fact and a reference to the evidence or other material
on which the findings are based.
(4) The Review Panel shall cause its determination to be communicated
to every party to the proceedings.
(5) Subject to subsection (6), a determination of the Review Panel shall
come into operation on the date of the determination.
(6) The Review Panel may specify in the determination the date on which
the determination is to come into operation.
(7) Any determination of the Review Panel shall not be altered or set
aside except by the Review Panel or with the consent of the parties to the
proceedings and with the concurrence of the Review Panel.
(8) Every determination of the Review Panel shall be published in such
form and manner as the Review Panel may determine, but the names of the
parties and any information which the Review Panel considers to be sensitive
shall be omitted.
[S. 53F inserted by s. 2 (e) of Act 27 of 2012 w.e.f. 22 December 2012.]