229. Powers of the Appeals Panel to hear and determine proceedings

(1) The Appeals Panel may, for the purposes of any proceedings commenced under section 228 —
(a) stay the decision of the Regulator to which the appeal relates and any related steps proposed to be taken by the Regulator until the Appeals Panel has heard and determined the appeal;
(b) consider any evidence relating to the decision of the Regulatory Committee to which the appeal relates, whether or not such evidence was available to the Regulatory Committee at the material time;
(c) receive and consider any material by way of oral evidence, written statements or Documents, even if such material may not be admissible in evidence in civil or criminal proceedings in a court of law;
(d) by notice in writing require a person to attend before it at any sitting and to give evidence and produce any item, record or Document in his possession relating to the subject matter of the proceedings;
(e) administer oaths;
(f) examine or cause to be examined on oath or otherwise a person attending before it and require the person to answer truthfully any question which the Appeals Panel considers appropriate for the purposes of the proceedings;
(g) order a witness to provide evidence in a truthful manner for the purposes of the proceedings by sworn statement;
(h) order a person not to publish or otherwise disclose any material disclosed by any person to the Appeals Panel;
(i) stay the proceedings on such grounds and on such terms and conditions as it considers appropriate having regard to the interests of justice; and
(j) exercise such other powers or make such other orders as the Appeals Panel considers necessary for or ancillary to the conduct of the proceedings or the performance of its functions.
(2) At the conclusion of any proceedings commenced under section 228, the Appeals Panel may do one or more of the following —
(a) exercise any of the powers of the Regulator or the Regulatory Committee under these Regulations;
(b) make an order requiring a party to the appeal to cease and desist from any contravention of these Regulations;
(c) make an order requiring the party to the appeal to do an act or thing;
(d) make an order prohibiting the party to the appeal from holding office at any Body Corporate carrying on business in the Abu Dhabi Global Market; or
(e) make an order requiring a party to the appeal to pay a specified amount, being all or part of the costs of the proceedings, including those of any party to the proceedings. Costs ordered to be paid under this subsection shall be enforceable as a civil debt.
(3) Upon making its decision, the Appeals Panel must without undue delay inform each party to the proceeding in writing of —
(a) such decision and the reasons for such decision, including its findings on material questions of fact and identifying the evidence or other material on which those findings were based;
(b) the date on which the decision is to take effect; and
(c) where applicable, the date by which payment of any fine, restitution or compensation must be made.
(4) A certificate that purports to be signed by the President or officer of the Appeals Panel and states that the Appeals Panel on a specified day made a finding that a specified person has committed a contravention of a specified provision of these Regulations or made a specified finding of fact, is in any proceedings before the Court, where relevant —
(a) conclusive evidence that the person was found by the Appeals Panel on that day to have contravened the relevant provision;
(b) prima facie evidence that the person contravened that provision; and
(c) prima facie evidence of the relevant fact.