In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Payment and Settlement Systems (Oversight) Act · 2022 Revised Edition · Part · Payment Instruments
Payment and Settlement Systems (Oversight) Act · 2022 Revised Edition · Part · Payment Instruments
Official textFrom Attorney General's Chambers, unchanged
If any person disagrees with any decision by the Authority in relation to section 34(1), 37(1), 43(1) or 44(1), such person may within 30 days, or within such extended period of time as the Authority may allow, appeal in writing against the decision of the Authority to the Minister whose decision shall be final.
Authority
“Authority” means the Brunei Darussalam Central Bank established under the Brunei Darussalam Central Bank Order, 2010;
Every appeal under subsection (1) shall be submitted to the
Authority and the Authority shall forward the written appeal to the Minister together with the Authority’s recommendation.
Minister
“Minister” means the Minister of Finance and Economy; Payment and Settlement Systems (Oversight)
If within the period specified in subsection (1) the person appeals to the Minister, the decision of the Authority shall not take effect unless the
Minister confirms the decision or, for any reason, dismisses the appeal, or the appeal is withdrawn.
Authority
“Authority” means the Brunei Darussalam Central Bank established under the Brunei Darussalam Central Bank Order, 2010;
Minister
“Minister” means the Minister of Finance and Economy; Payment and Settlement Systems (Oversight)
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