Financial Service Providers (Registration and Dispute Resolution) Act 2008

21 Notification of deregistration of financial service provider

(1)

If the Registrar deregisters a financial service provider, the Registrar must notify—

(a)

the financial service provider, stating the provider’s right of appeal to the High Court against the deregistration under section 42; and

(b)

any relevant licensing authority; and

(c)

the public, by a notice that is publicly available on an Internet site (at all reasonable times) for not less than 20 working days.

(2)

In the case of a deregistration in accordance with a direction referred to in section 18(1B)(b) or (c), the notice under subsection (1)(a) must refer to an appeal under subpart 9 of Part 8 of the Financial Markets Conduct Act 2013 (rather than an appeal under section 42).

Section 21(2): inserted, on 15 March 2021, by section 79 of the Financial Services Legislation Amendment Act 2019 (2019 No 8).