Section 23B: Application for review before Review Panel
This section is inserted by Act No 9 of 2019, section 11.
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.
23B. Application for review before Review Panel
(1) A licensed auditor who is aggrieved by the
decision of the Council under section 23A –
(a) may, within 21 days of the decision of
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the Council, make an application to the
Review Panel for a review of that decision,
specifying the reasons thereof; and
(b) shall, at the same time, forward a copy of
his application by registered post to the
Council.
(2) Where a licensed auditor is unable to make an
application within the period of 21 days, the Review Panel
may, on good cause shown, accept to hear the application.
(3) Notwithstanding an application under
subsection (1)(a) but subject to subsection (4), the decision
of the Council under section 23A shall be given effect
immediately after the period of 21 days from the date of the
decision.
(4) The Review Panel may, after hearing the
aggrieved party, suspend the implementation of the decision of
the Council under subsection (3) on such terms and conditions
as it may determine.
(5) Where an application to review the decision of
the Council is made to the Review Panel under this section,
the review proceedings shall be dealt with 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.
(6) In this section –
“Review Panel” means the Review Panel referred
to in section 19Q of the Financial Intelligence
and Anti-Money Laundering Act.
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Questions this section answers
- Can a licensed auditor appeal the Council's decision to the Review Panel?
- How many days does an auditor have to apply for a review of the Council's decision?