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PREVENTION OF FRAUD (INVESTMENTS) ACT (NORTHERN IRELAND) 1940 - SECT 6 



6.(1) Where the Ministry proposes, in pursuance of paragraph (2) of the last
preceding section, either to refuse to grant an application for a licence or
to revoke a licence, the Ministry shall serve on the applicant or the holder
of the licence (as the case may be) a written notice of its proposal,
specifying the particular matter upon the consideration of which its decision
would be based, and inviting that person to make to the Ministry, within the
period of one month from the date of the service of the notice, any
representations which he desires to make with respect to the matter.

(2) The Ministry shall not make a decision in any such matter until after the
expiration of the said period, and, before deciding to refuse to grant an
application for a licence or to revoke a licence, the Ministry shall take into
consideration any representations made by the applicant or holder of the
licence as aforesaid, and, if he so requests, afford to him an opportunity of
being heard by the Ministry within the said period.

(3) Where the Ministry decides to refuse to grant an application for a licence
or to revoke a licence, the Ministry shall serve on the applicant or the
holder of the licence (as the case may be) a written notice of such refusal or
revocation; and any person aggrieved by the refusal to grant his application
for a licence or by the revocation of his licence may, within three months
from the date on which the notice of refusal or revocation was served on him,
appeal to the High Court against the refusal or revocation, and on any such
appeal the High Court may give such directions in the matter as it thinks
proper.

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© 1940 Crown Copyright

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