S.I. No. 474/2018 - Trust or Company Service Provider Authorisation (Appeal Tribunal) (Establishment) Order 2018

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 20th November, 2018.

I, CHARLES FLANAGAN, Minister for Justice and Equality, in exercise of the powers conferred on me by section 101 (1) of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (No. 6 of 2010) (as adapted by the Justice and Law Reform (Alteration of Name of Department and Title of Minister) Order 2011 ( S.I. No. 138 of 2011 )), hereby order as follows:

1. This Order may be cited as the Trust or Company Service Provider Authorisation (Appeal Tribunal) (Establishment) Order 2018.

2. An Appeal Tribunal is hereby established pursuant to section 101 (1) of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (No. 6 of 2010) for the period commencing on 19 day of November 2018 and ending on 18 day of November 2023 to adjudicate on appeals under section 100 of that Act.

GIVEN under my Official Seal,

16 November 2018.

CHARLES FLANAGAN,

Minister for Justice and Equality.

EXPLANATORY MEMORANDUM

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Order establishes a Trust or Company Service Provider Authorisation Appeal Tribunal under Section 101 of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (No. 6 of 2010). The Appeal Tribunal considers appeals of decisions made by the Minister in relation to applications for, and renewals of, authorisation of Trust or Company Service Providers, as well as appeals to Directions issued under section 98 of the 2010 Act.