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Section 66: Determination of Review Panel

Financial Services Act · PART IX: ENFORCEMENT COMMITTEE AND FINANCIAL SERVICES 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.

66. Determination of Review Panel (1) On the hearing of an application for review, the Review Panel may— (a) where the review is conducted pursuant to section 54 (2) (a)— (i) confirm, amend or cancel a decision made by the Enforcement Committee; or (ii) remit the matter to the Enforcement Committee for reconsideration; (b) where the review is conducted pursuant to section 54 (2) (b)— (i) confirm, amend or cancel a decision which may be reviewed by the Review Panel in accordance with the powers conferred upon it; or (ii) remit the matter to the person who made the decision for reconsideration; or (c) make such order as it may determine. [S. 66 amended by s. 17 (d) of Act 14 of 2009 w.e.f. 30 July 2009.] (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. continued on page F10 – 41 F10 – 40 (1) [Issue 6] Revised Laws of Mauritius (3) Any 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 served on each 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 be published in such form and manner as the Review Panel thinks fit except that the names of the parties and any information which the Review Panel considers to be sensitive shall be omitted.

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