Section 28
Amendment of section 147
of Securities Commission (Amendment) Act 2011
Amendment ActIn forceProvision 28 of 34
Section 28
The principal Act is amended by substituting for section 147
the following section:
“Decision of Minister or Commission to be final
Quoted provision
Section 147
Except as otherwise provided in the securities laws—
(a)
any decision made by the Minister under the securities laws, whether an original decision by him or a decision on appeal to him from a decision of the
Commission; or
Securities Commission (Amendment)
(b)
any decision by the Commission under the securities laws made pursuant to an appeal to review its original decision, shall be final.”.
Amendment of section 150a