The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003

Appeals against refusal to grant accreditation or withdrawal of accreditation

16.—(1) An appeal to the Special Commissioners may be brought against a refusal to grant accreditation or a withdrawal of accreditation.

(2) Notice of an appeal under this regulation must be given—

(a) in writing,

(b) within 30 days of the date of the notification of the refusal under regulation 5 or the withdrawal under regulation 15(4), and

(c) to the Investment Director.

(3) The notice of appeal must require the Investment Director to transmit to the Special Commissioners—

(a) in an appeal against a refusal to grant accreditation, the application for accreditation, together with any information or particulars provided by the body to the Secretary of State in support of the application, or

(b) in an appeal against a withdrawal of accreditation, the notice under regulation 15(4) together with any information or particulars prepared by the Small Business Service leading to the issue of that notice.

(4) The Special Commissioners may allow the appeal and—

(a) in an appeal against a refusal to grant accreditation, direct that the Secretary of State accredit the body within 14 days of its decision, or

(b) in an appeal against a withdrawal of accreditation, direct that the withdrawal was ineffective.

(5) The decision of the Special Commissioners shall be final.