Section 116: Notification of decisions

116. Notification of decisions (1) Unless otherwise provided under this Act, or under any FSC Rule, the Commission shall give notice of and publish its decisions in such form, manner and medium as it thinks fit. (2) A notice under subsection (1) shall— (a) set out the decision; (b) set out the reasons for the decision; (c) where the Financial Services Act provides that the person to whom the notice is given may apply to the Review Panel for review of the decision, state the right to apply for review of the decision. (3) Nothing in this section shall be construed as a requirement for the Commission to specify any reason which in its opinion involves confidential information the disclosure of which would be prejudicial to— (a) any criminal or regulatory investigation whether in Mauritius or elsewhere; (b) cooperation or relations with investigatory, regulatory or prosecuting authorities in any other place; or (c) the duty of confidentiality imposed on the Commission by section 83 of the Financial Services Act, or under any arrangement with any supervisory body. [S. 116 amended by s. 43 of Act 16 of 2007 w.e.f. 28 September 2007; s. 22 (a) of Act 14 of 2009 w.e.f. 30 July.] 117. — [S. 117 amended by s. 43A of Act 16 of 2007 w.e.f. 28 September 2007; repealed by s. 22 (b) of Act 14 of 2009 w.e.f 30 July 2009 .] 118. — [S. 118 repealed by s. 22 (b) of Act 14 of 2009 w.e.f 30 July 2009.] PART XIV – MISCELLANEOUS 119. — [S. 119 repealed by s. 44 of Act 16 of 2007 w.e.f. 28 September 2007.] [Issue 3] I15 – 72 Revised Laws of Mauritius