Part V Performance of Regulated Activities
F1Removal of directors and senior executives and appointment of temporary manager
71G.Right to refer matters to the Tribunal
(1)
A relevant firm which is aggrieved by—
(a)
the imposition of a requirement on that firm under section 71B, or
(b)
the appointment, or the terms of the appointment, of a person to act as a temporary manager of that firm under section 71C(1),
may refer the matter to the Tribunal.
F2(1A)
An institution, financial holding company or mixed financial holding company which is aggrieved by the imposition of a requirement on that institution or holding company under section 71B(3) may refer the matter to the Tribunal.
(2)
A parent undertaking which is aggrieved by—
(a)
the imposition of a requirement on that parent undertaking under section 71C(2), or
(b)
the appointment, or the terms of the appointment, of a person to act as a temporary manager of that parent undertaking under section 71C(1),
may refer the matter to the Tribunal.
(3)
A director (or a former director) of a relevant firm or a parent undertaking who is aggrieved by the imposition of a requirement on that director under section 71C(8) may refer the matter to the Tribunal.
(4)
A director or senior executive (or a former director or senior executive) of a relevant firm or a parent undertaking who is aggrieved by the imposition of a requirement on that firm or parent undertaking under section F371B(1) or (2) or 71C(2) may refer the matter to the Tribunal.
F4(5)
A director (or former director) of an institution, a financial holding company or a mixed financial holding company who is aggrieved by the imposition of a requirement on that institution or holding company under section 71B(3) may refer the matter to the Tribunal.