The MPFA definition
Examples of The MPFA in a sentence
The MPFA must assign the FR of a PI as the FR of (i) the SIs attached to that PI, and (ii) the RO of that PI in accordance with sections 34ZA and 34ZB of the Ordinance.
The MPFA will consult the FR, or the IR to be assigned as the FR of the PI, SI or RO, as the case may be, before imposing any such conditions, or amending or revoking any such conditions imposed.
The MPFA may seek further clarification from the IR following a review of the information disclosed by the IR pursuant to paragraph 9.12 above.
The MPFA may also nominate an IR to assist the MPFA in the investigation pursuant to section 34O(1)(b) of the Ordinance.
The MPFA will maintain a register of all complaints lodged with the MPFA and the IRs relating to contravention of the prohibition in section 34L of the Ordinance and non-compliance with the performance requirements.
The MPFA will also notify the relevant FR or IR, as the case may be, of the conditions imposed, amended or revoked.
The MPFA will inform the FRs (or the relevant IRs in the case of former regulated persons) of these issues on a regular basis for the purpose of the exercise of their inspection powers.
The MPFA also has to be satisfied that the person does not have any qualification as a Type A / B regulatee suspended.
The MPFA will handle all complaints related to alleged contravention of the prohibitions in section 34L subject to paragraphs 9.7 and 9.8. Upon receipt of such a complaint by an IR, the IR will refer it to the MPFA for the latter to handle and consider initiating an investigation under the Ordinance.
The MPFA will log on the register all such complaints received by the MPFA and the IRs. The IRs will inform the MPFA of any such complaints they receive for the MPFA to log on the register.