Act To Amend Articles 121 And 122 Of The Act Of 2 August 2002 On The Supervision Of The Financial Sector And Financial Services To Resolve Appeals Against Certain Decisions Made By The Fsma Under The Act Of April 25, 2014 Relati

Original Language Title: Loi modifiant les articles 121 et 122 de la loi du 2 août 2002 relative à la surveillance du secteur financier et aux services financiers en vue de régler les recours contre certaines décisions prises par la FSMA en vertu de la loi du 25 avril 2014 relati

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belgiquelex.be - Carrefour Bank of Legislation

24 AVRIL 2014. - An Act to amend sections 121 and 122 of the Financial Sector Supervision and Financial Services Act of 2 August 2002 with a view to resolving appeals against certain decisions taken by the MSDS pursuant to the Act of 25 April 2014 on the Status and Control of Independent Financial Planners and the provision of financial planning consultations by regulated companies



PHILIPPE, King of the Belgians,
To all, present and to come, Hi.
The Chambers adopted and We sanction the following:
Article 1er. This Act regulates a matter referred to in Article 77 of the Constitution.
Art. 2. In section 121, paragraph 1erParagraph 1er, 4°, of the Act of 2 August 2002 on the supervision of the financial sector and services, last amended by the Royal Decree of 12 November 2012, the words "of section 38 or section 39 of the Act of 25 April 2014 relating to the status and control of independent financial planners and to the provision of consultations in financial planning by regulated companies" are inserted before the words "and in application of any other legal provision".
Art. 3. Section 122 of the Act, last amended by the Act of 31 July 2013, is supplemented by a 45° written as follows:
"45° to the applicant against the refusal of approval as an independent financial planner, knowing that the absence of a decision by the MSDS within the prescribed time limit is considered to be a refusal of approval, as well as any decision taken by the ADMDS pursuant to sections 16, 17, 21, 34, 36 or 37 of the Act of 25 April 2014 relating to the status and control of independent financial planners and to the provision of consultations in financial planning by appeal against decisions made under these articles is suspensive unless the ADMDS has, on serious grounds, stated that its decision was enforceable notwithstanding appeal. "
Art. 4. This Act comes into force on the first day of the sixth month following that of its publication in the Belgian Monitor.
Promulgate this law, order that it be clothed with the seal of the State and published by the Belgian Monitor.
Given in Brussels on 24 April 2014.
PHILIPPE
By the King:
Deputy Prime Minister and Minister of Economy and Consumers,
J. VANDE LANOTTE
Minister of Finance,
K. GEENS
The Minister of Justice,
Ms. A. TURTELBOOM
Seal of the state seal:
The Minister of Justice,
Ms. A. TURTELBOOM
____
Note
(1) House of Representatives (www.lachambre.be):
Documents: 53-3394.
Full report: 27 March 2014.
Senate (www.senate.be):
Documents: 5-2810.
Annales of the Senate: April 3, 2014.