Chapter 9
Appellate Committee
Section 260.
There shall be an Appellate Committee comprising not fewer than five but not exceeding seven experts appointed by the Cabinet, among whom there shall be at least one highly qualified and experienced person from each field of law, accounting, and finance.

The provisions of Section 9, Section 10, Section 11, Section 12, Section 13 and Section 16 shall apply to the Appellate Committee under the first paragraph mutatis mutandis.
Section 261.
An owner of securities, a company which issues securities, a company, a securities company and a person who is directly affected by the orders issued under this Act, who is not satisfied with the decision or order of the Office or the SEC which has been made or issued in accordance with Section 32, Section 33, Section 34, Section 41(3), Section 104, Section 141, Section 142, the first paragraph of Section 143, Section 144, Section 145, Section 212 and Section 259, may appeal to the Appellate Committee within fifteen days from the date of knowing such decision or order, as the case may be, in accordance with the rules and procedures as specified in the notification of the SEC.

The appeal under the first paragraph shall not be a ground for the stay of the execution of such decision or order of the Office or the SEC, as the case may be unless otherwise unanimously resolved by the Appellate Committee.
The decision of the Appellate Committee shall be final.