Whole Section

  • 7.11 Payment Of Costs

    • 7.11.1 Award of Costs of Investigations by Disciplinary Committee or Appeals Committee

      The Disciplinary Committee or Appeals Committee may require the Person charged to pay all or part of the costs of the investigation, inspection or hearing.

    • 7.11.2 Duration for Payment of Costs

      The Disciplinary Committee or Appeals Committee may order the costs awarded to be paid within fourteen (14) calendar days.

    • 7.11.3 Consequence of Costs Not Paid Within the Stipulated Time

      Where an order for costs of the proceedings has been imposed against a Person and the Person does not make payment within the specified period, the outstanding sum shall be a debt payable to the Exchange. The Exchange may commence legal action to recover that debt, subject to any subsequent payments made by the Person. The Exchange shall be entitled to claim reasonable interest, a month after the payment is due, based on the sum outstanding.

      Added on 3 June 20193 June 2019.