Page:Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Cap. 615).pdf/145

Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance Schedule 4 Ord. No. 15 of 2011 (2) Subject to subsections (3) and (5), a panel member who is appointed as an ordinary member is appointed to act in relation to a specified review and may be reappointed after his or her term of appointment or reappointment as an ordinary member has expired.

(3) An ordinary member may resign from office by giving notice in writing to the Secretary.

(4) A notice of resignation takes effect—
 * (a) on the date the Secretary receives the notice; or
 * (b) if a later date is specified in the notice, on that later date.

(5) If an ordinary member ceases to be a panel member, he or she ceases to be an ordinary member.

5. Further provisions relating to chairperson and ordinary members

(1) If the term of appointment of the chairperson expires after proceedings for a review have begun but before the review is determined, the person may continue to act as chairperson for the purpose of the review until the review has been determined.

(2) Where there is a change in the membership of the Tribunal during the proceedings for a review, the proceedings may continue despite that change if the parties to the review so consent.

(3) If the parties do not consent, the proceedings must be discontinued but they may begin anew.

6. Procedure

(1) The chairperson must convene sittings of the Tribunal as often as necessary to enable the Tribunal to determine a review.