Section 34: Review of disciplinary actions taken by a securities exchange, capital trade point or self regulatory organisation.

(1) The Commission may review any disciplinary action taken by a securities exchange, capital trade point or other self regulatory organisation against its members and may affirm or set aside such decision after giving the member and the the securities exchange, capital trade point or self regulatory organisation an opportunity of being heard.
(2) Nothing in this section shall preclude the Commission from suspending, expelling or otherwise imposing or causing disciplinary action to be taken against a member of a securities exchange, capital trade point or other self regulatory organisation where a securities exchange, capital trade point or other self regulatory organisation fails to act against a member:
Provided that, before exercising the power conferred upon it by this subsection, the Commission shall give the affected member and the securities exchange, capital trade point or self regulatory organisation an opportunity of being heard.