Section 79H: Application for review

79H. Application for review (1) A credit union aggrieved by a decision of the Registrar may, within 21 days of the decision, apply to the Review Panel for a review specifying the reasons and forward a copy of the application to the Registrar. (2) Where a credit union is unable to make an application within the period of 21 days referred to in subsection (1), the Review Panel may, on good cause shown, accept to hear the application outside delay. (3) Where no application is made under subsection (1), the decision of the Registrar shall take effect immediately after 21 days of the decision. (4) The Review Panel may confirm, amend or cancel the Registrar’s decision, or make such other order as it deems fit. (5) Where an application to review the decision of the Registrar is made to the Review Panel under this section, the review proceedings shall be conducted in accordance with Sub-part F of Part IVB of the Financial Intelligence and Anti-Money Laundering Act, with such modifications and adaptations as may be necessary.