Part XXV Injunctions and Restitution (ss 380-386)
Part XXV Injunctions and Restitution (ss 380-386)

380 Injunctions

(1)     If, on the application of the [appropriate regulator] or the Secretary of State, the court is satisfied—

(a)     that there is a reasonable likelihood that any person will contravene a relevant requirement, or

(b)     that any person has contravened a relevant requirement and that there is a reasonable likelihood that the contravention will continue or be repeated,

the court may make an order restraining (or in Scotland an interdict prohibiting) the contravention.

(2)     If on the application of the [appropriate regulator] or the Secretary of State the court is satisfied—

(a)     that any person has contravened a relevant requirement, and

(b)     that there are steps which could be taken for remedying the contravention,

the court may make an order requiring that person, and any other person who appears to have been knowingly concerned in the contravention, to take such steps as the court may direct to remedy it.

(3)     If, on the application of the [appropriate regulator] or the Secretary of State, the court is satisfied that any person may have—

(a)     contravened a relevant requirement, or

(b)     been knowingly concerned in the contravention of such a requirement,

it may make an order restraining (or in Scotland an interdict prohibiting) him from disposing of, or otherwise dealing with, any assets of his which it is satisfied he is reasonably likely to dispose of or otherwise deal with.

(4)     The jurisdiction conferred by this section is exercisable by the High Court and the Court of Session.