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16. Appeal against suspension

(1) Where a recognized exchange company suspends dealings in the securities of a corporation under section 14 or 15(4) the corporation may, within 21 days of the suspension, appeal in writing to the Commission against the suspension.
(2) An appeal under subsection (1) shall be accompanied by such submissions in writing as the corporation wishes to make.
(3) On any appeal under subsection (1), the Commission may —
(a) dismiss the appeal;
(b) direct the recognized exchange company to permit the recommencement of dealings in the securities; or
(c) direct the recognized exchange company to permit the recommencement of dealings in the securities subject to such conditions as the Commission thinks fit.