(1) Where, on an application for an order under sections 40P, 40Q and 40X the Court decides not to make an order, the person who applied for the order may appeal to the Court of Appeal against the decision.
(2) Where the Court makes an order under subsection (1), the following persons may appeal to the Court of Appeal in respect of the Court's decision—
(a) the person who applied for the order in respect of which the application was made;
(b) a person affected by the Court's decision; and
(c) the receiver.
(3) On an appeal under this section the Court of Appeal may—
(a) confirm the decision; or
(b) make such order as it considers is appropriate.
(Inserted by Act 18 of 2023)