Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1002U

Powers of court

Where, in a proceeding instituted under this Act, 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 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 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 ASIC;

(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.

Subdivision A—General



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