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

Part 6—Division 4
A825
Section 75
Ord. No. 15 of 2011

73. No stay of execution of Tribunal’s determination on appeal

(1) Without prejudice to section 70, the lodging of an appeal under section 71 does not by itself operate as a stay of execution of the determination of the Tribunal appealed against.

(2) If an appeal is lodged under section 71, the Court of Appeal may, on an application made to it by any party to the review, order a stay of execution of the determination of the Tribunal appealed against.

(3) The Court of Appeal may, when making an order under subsection (2), impose any condition that the Court of Appeal considers appropriate, including conditions as to costs and payment of money into the Tribunal.

74. No other right of appeal

Subject to section 50 of the High Court Ordinance (Cap. 4) and section 71, the determination of the Tribunal is final and is not subject to appeal.

Division 4
Miscellaneous

75. Time when specified decisions take effect

(1) Except as otherwise provided in this Ordinance, a specified decision takes effect—

(a) where, before the expiry of the period of 21 days specified in section 59(1), the person in relation to whom the decision is made notifies the specified authority in writing that the person will not apply for a review of the decision, at the time the person so notifies the specified authority;