Regulation 39 Right to refer matters to the Tribunal
If the appropriate regulator requires an investment firm, credit institution, or recognised investment exchange to remove a person from the management board under regulation 38—
(a)
the firm, credit institution, or exchange may refer the matter to the Tribunal; and
(b)
the person to whom the requirement relates may refer the matter to the Tribunal.
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 51) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xviii)