Section 135: Notification of decisions

135. Notification of decisions (1) Unless otherwise provided under this Act, the Financial Services Act, any regulations made under these Acts or any FSC Rules, the Commission or the Chief Executive, as the case may be, shall give notice of, and publish, any decision in such form and manner as it or he thinks fit. (2) Where an SRO, a securities exchange, a clearing and settlement facility or a trading facility makes a decision under its rules, it shall give written notice of the decision to each person whose interests are affected by the decision. (3) A notice under subsection (1) or (2) shall— (a) set out the decision; (b) set out the reasons for the decision; (c) set out the findings on material questions of fact relevant to the decision; (d) refer to the evidence or other material on which those findings were based; and (e) 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 that right. [S. 135 amended by s. 34 of Act 15 of 2007 w.e.f. 28 September 2007; s. 38 (c) of Act 14 of 2009 w.e.f. 30 July 2009.] 136. – 137. — [Ss. 136 and 137 repealed by s. 38 (d) of Act 14 of 2009 w.e.f. 30 July 2009.] PART XII – MISCELLANEOUS OFFENCES