The objects of this Part are as follows:
(a) to establish the Irish Financial Services Appeals Tribunal as an independent tribunal -
(i) to hear and determine appeals under this Part, and
(ii) to exercise such other jurisdiction as is conferred on it by this Part or by any other enactment or law;
(b) to ensure that the Appeals Tribunal is accessible, its proceedings are efficient and effective and its decisions are fair;
(c) to enable proceedings before the Appeals Tribunal to be determined in an informal and expeditious manner.