28. Insertion into the Principal Act of new Part VIIA.

The Principal Act is amended by inserting the following Part after Part VII:

"Part VIIA Irish Financial Services Appeals Tribunal

Chapter 1 Preliminary

57A. Interpretation: Part VIIA and Schedule 5.

(1) In this Part and Schedule 5 -

'affected person' means a person whose interests are directly or indirectly affected by an appealable decision;

'appeal' means an appeal under this Part;

'appealable decision' means a decision of the Regulatory Authority made under a designated enactment or designated statutory instrument that has the effect of imposing a sanction or liability of a kind specified in an order made under subsection (2);

'appellant' means a person who has lodged an appeal;

'Chairperson' means the Chairperson of the Appeals Tribunal;

'Deputy Chairperson' means the Deputy Chairperson of the Appeals Tribunal;

'lay member' means a member of the Appeals Tribunal other than the Chairperson and Deputy Chairperson;

'member' means a member of the Appeals Tribunal;

'party', in relation

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