CTHRepealedAct
Securities Industry Act 1980
62QDisqualification by the Court
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##### 62Q Disqualification by the Court
(1) Where the Commission:
(a) revokes under section 62A or 62B or subsection 62C(1) a licence held by a person; or
(b) makes under section 62G against a person an order that is to operate otherwise than only for a specified period;
the Commission may apply to the Court for an order or orders under this section in relation to the person.
(2) On an application under subsection (1), the Court may make one or more of the following:
(a) an order disqualifying the person, permanently or for a specified period, from holding:
(i) a dealers licence;
(ii) an investment advisers licence; or
(iii) a dealers licence or an investment advisers licence;
whichever the order specifies;
(b) an order prohibiting the person, permanently or for a specified period, from doing an act as:
(i) a representative of a dealer;
(ii) a representative of an investment adviser; or
(iii) a representative of a dealer or of an investment adviser;
whichever the order specifies;
(c) such other order as it thinks fit;
or may refuse the application.
(3) The Court may revoke or vary an order in force under this section.