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