Financial Markets Conduct Act 2013

Enforcement, liability, and appeals - High Court's enforcement powers - Injunctions

480: Court may grant injunctions

You could also call this:

"Courts can stop people breaking financial market rules"

Illustration for Financial Markets Conduct Act 2013

The court can stop someone from doing something that breaks the Financial Markets Conduct Act 2013 or its regulations. You can ask the court to do this if you think someone is going to break the rules or is already breaking them. The court can make this decision if the Financial Markets Authority or anyone else asks them to, and they think it's necessary to stop the person from breaking the rules, which can be found in the Financial Markets Conduct Act 2013 or the regulations.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091695.


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479: Consequences of failing to comply with FMA's orders, or

"What happens if you don't follow the Financial Markets Authority's orders"


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481: When court may grant injunctions and interim injunctions, or

"The court can stop someone from doing something to keep things fair and prevent problems."

Part 8Enforcement, liability, and appeals
High Court's enforcement powers: Injunctions

480Court may grant injunctions

  1. The court may, on application by the FMA or any other person, grant an injunction restraining a person from engaging in conduct that constitutes or would constitute a contravention, or involvement in a contravention, of a provision of this Act or the regulations.

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