250. An order made under section 249 is effective from the time the person concerned is notified and, unless otherwise provided, remains binding for a 12-month period; it may be revoked or otherwise amended during that period.
The person concerned shall be notified not less than 15 days before any hearing during which the Financial Markets Administrative Tribunal is to consider an extension. The Financial Markets Administrative Tribunal may grant the extension if the person concerned does not indicate his intention to be heard or if he fails to establish that the reasons for the initial order have ceased to exist.
1982, c. 48, s. 250; 1990, c. 77, s. 39; 2002, c. 45, s. 696; 2008, c. 24, s. 213; 2009, c. 58, s. 113; 2016, c. 7, s. 179; 2018, c. 23, s. 7021.