Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Chapter 17 : Miscellaneous

Part 4 : General matters

278. Compensation for contraventions of financial sector laws
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A person, including a financial sector regulator, who suffers loss because of a contravention of a financial sector law by another person, may recover the amount of the loss by action in a court of competent jurisdiction against—

(a)the other person; and
(b)any person who was knowingly involved in the contravention.