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S-29.02 - Trust Companies and Savings Companies Act
Section 294
Disposition versions
294. A review decision that confirms the imposition of a monetary administrative penalty may be contested before the Financial Markets Administrative Tribunal by the party responsible for the failure to comply to which the decision pertains, within 60 days after notification of the review decision.
The Tribunal may only confirm or quash a contested decision.
When rendering its decision, the Tribunal may make a ruling with respect to interest accrued on the penalty while the matter was pending before it.
In force: 2019-06-13
294. A review decision that confirms the imposition of a monetary administrative penalty may be contested before the Financial Markets Administrative Tribunal by the party responsible for the failure to comply to which the decision pertains, within 60 days after notification of the review decision.
The Tribunal may only confirm or quash a contested decision.
When rendering its decision, the Tribunal may make a ruling with respect to interest accrued on the penalty while the matter was pending before it.
