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Part 10 · Deposit Insurance and Policy Owners’ Protection Fund Agency

65. Power of court to order observance of or compliance with Rules

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Amended

Last amended by an amending law of 2019.

(1)

Where any person who is bound to observe or comply with the Rules fails to do so, the General Division of the High Court may, on the application of the Agency, a DI Scheme member or a PPF Scheme member, and after giving the firstmentioned person an opportunity to be heard, make an order directing the firstmentioned person to observe or comply with those Rules.

(2)

This section is in addition to, and not in derogation of, any other remedy available to the Agency, the DI Scheme member or the PPF Scheme member.

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