Mutual Funds Order, 2001 · s 16

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s 16( 1) If the Authority -

{a} refuses an application for an operator's licence or permission;

{b) revokes any licence or permission issued or given under this Order;

{c) attaches a condition to such a licence ·'Or permission, not being a condition referred in section 15(6), then, subject to subsection (2), an appeal may be made to the High Court by or on behalf of the person concerned against the Authority's decision.

(2)

An appeal under this section shall be made within the period of 21 days from the date of the decision to which the appeal relates.

Powers of High Court.