SECOND-TIER FOREIGN EXCHANGE MARKET ACT
Section 6: Revocation of appointment of Authorised Dealers.
(1) The Minister may revoke the appointment of any Authorised Dealer, if he has reason to believe that it is not in the national interest that such person shall continue to operate as an Authorised Dealer under this Act.
(2) Any person aggrieved by the decision of the Minister in subsection (1) of this section to revoke his appointment as an Authorised Dealer may, within 28 days of the receipt by him of the Minister's letter of revocation, appeal in writing to the President, Commander-in-Chief of the Armed Forces.
(3) The President, Commander-in-Chief of the Armed Forces may, after giving consideration to the circumstances of the case, revoke the decision of the Minister.
(4) The decision of the President, Commander-in-Chief of the Armed Forces shall be final and no suit or proceedings shall be entertained in any court of law.
Cite this section
Section 6, SECOND-TIER FOREIGN EXCHANGE MARKET ACT (1986).
https://repo.podus.ai/laws/second-tier-foreign-exchange-market-act/section/6/