← belizelaw.ai · International Financial Services, Cap. 272

Right of applicant to be heard or make submission if refusal is under contemplation

Cap. 272, s. 30 · Revised Edition 2020

(1) Where the Commission is considering the refusal of an application for a licence or the grant of a licence subject to the attachment of a term, limitation or condition that is adverse to the applicant or is inconsistent with the terms of the application, the Commission shall inform the applicant accordingly and must also inform the applicant that the applicant has a right to be heard or to make written representations to the Commission before the Commission makes a decision on the application. (2) Oral or written representations under this Act shall be made by the applicant within 30 days of the date of being informed under sub-section (1). (3) The Commission shall have regard to any representations made by the applicant before making its decision.

Amended by: 2 of 2019; 2 of 2019

Have a question about this section? Ask belizelaw.ai →