Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.10 - MARKET MISCONDUCT AND OTHER PROHIBITED CONDUCT RELATING TO FINANCIAL PRODUCTS AND FINANCIAL SERVICES  

Division 3 - The insider trading prohibitions  

Subdivision B - The prohibited conduct  

SECTION 1043O   1043O   POWERS OF COURT  


If, in a proceeding instituted under this Act, the Court finds that a contravention of section 1043A has occurred, the Court may, in addition to any other orders that it may make under any other provision of this Act, make such order or orders as it thinks just, including, but without limiting the generality of the above, any one or more of the following orders:


(a) an order restraining the exercise of rights attached to Division 3 financial products;


(b) an order restraining the issue of Division 3 financial products;


(c) an order restraining the acquisition or disposal of Division 3 financial products;


(d) an order directing the disposal of Division 3 financial products;


(e) an order vesting Division 3 financial products in ASIC;


(f) an order cancelling an agreement for the acquisition or disposal of Division 3 financial products;


(g) an order cancelling an Australian financial services licence;


(h) for the purpose of securing compliance with any other order made under this section, an order directing a person to do or refrain from doing a specified act.


 

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