Home / CY AIFM Law of 2013 / PART ΙΧ – SUPERVISION RULES / CHAPTER 1 - Designation, powers and redress procedures / Section 76 - Justification of the Commission’s decisions.
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Justification of the Commission’s decisions.
76. The Commission shall justify in writing any decision to reject an application for authorisation of an AIFM, for the management and/or the distribution of units of AIFs, or with which recalls such authorisation and any negative decision taken in accordance with this Law. Such decision shall be notified to the applicant or to the interested AIFM.
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