THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.11 - CONDUCT IN RELATION TO SECURITIES

Division 2A - Insider trading

SECTION 1002U   POWERS OF COURT  

1002U    Where, in a proceeding instituted under this Law, the Court finds that a contravention of section 1002G has occurred, the Court may, in addition to any other orders that it may make under any other provision of this Law, 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 any voting or other rights attached to shares;

(b)  an order restraining the exercise of any rights attached to securities other than shares;

(c)  an order restraining the issue or allotment of shares;

(d)  an order restraining the issue of securities other than shares;

(e)  an order restraining the acquisition or disposal of securities;

(f)  an order directing the disposal of securities;

(g)  an order vesting securities in the Commission;

(h)  an order cancelling an agreement for the acquisition or disposal of securities;

(j)  an order cancelling a securities licence;

(k)  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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