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

Restriction on request to further apply following refusal of application

Cap. 272, s. 31 · Revised Edition 2020

(1) Where an application for a licence is refused, no further application may be made within the period of one year beginning with the date when the applicant is notified of the (2) Sub-section (1) shall have effect, where an appeal pursuant to section 7(9) is determined or abandoned, as if the reference to the date when the applicant is notified of the refusal was a reference to the date on which the appeal is determined or abandoned. (3) Where the licence is cancelled under section 7(8), no application for a licence shall be made within the period of five years beginning with the date of cancellation. (4) Sub-section (3) shall have effect, where an appeal pursuant to section 7(9) is determined or abandoned, as if the reference to the date of cancellation was a reference to the date on which the appeal is determined or abandoned. Terms,

Amended by: 2 of 2019

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Restriction on request to further apply following refusal of application — Cap. 272 s. 31 · Belize Law