Page:Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Cap. 615).pdf/78

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Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions)
Ordinance

Part 6—Division 2
A805
Section 60
Ord. No. 15 of 2011

after the notice informing the person of the decision has been sent.

(2) Despite subsection (1) and subject to subsection (3), on an application by a person who is aggrieved by a specified decision—

(a) the Tribunal may by order extend the time within which an application for review of the specified decision may be made under subsection (1); and
(b) on the making of the order, the time within which the application may be made under subsection (1) is extended accordingly.

(3) The Tribunal may only grant an extension under subsection (2)—

(a) after the applicant and the specified authority have been given a reasonable opportunity to be heard; and
(b) if it is satisfied that there is a good cause for granting the extension.

(4) An application for review—

(a) must be in writing; and
(b) must state the grounds for the application.

(5) The Tribunal must, as soon as reasonably practicable after receiving an application for review, send a copy of the application to the specified authority.

60. Determination of review by Tribunal

(1) The Tribunal may determine a review of a specified decision by—

(a) confirming, varying or setting aside the decision and, if the decision is set aside, substituting for the decision any other decision that the Tribunal considers appropriate; or