Trusts and Trustees Act (Cap. 331)

Trusts and Trustees Act (Cap. 331), article 46A

Official PDF on legislation.mt

46A. (1) Where the Authority proposes - (a) to vary any condition to which the authorisation is subject or to impose a condition thereon; or (b) to refuse an application for an authorisation or to cancel or suspend an authorisation, it shall give the applicant or, as the case may be, the authori sed trustee notice in writing of its intention to do so, setting ou t the reasons for the decision it proposes to take. (2) Every notice given under subarticle (1) shall state that the recipient of the notice may, within such reasonable period afte r the service thereof as may be stat ed in the notice, being a period of not less than forty-eight hours and not longer than thirty days, ma ke representations in writing to the Authority giving reasons why the proposed decision should not be taken, and the Authority shall consider any representation so made before arriving at a final decision. (3) The Authority shall as soon as practicable notify its final decision in writing to the applicant or the authorised trustee, as the case may be. (4) The provisions of this article shall also apply, mutatis mutandis, with respect to a registration applied for in accordance with article 43B or a registration gr anted in accordance with articl e 45, as applicable. Power of the competent authority to protect the public interest. Added by: XI. 2014.26.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.