Securities Services Act, 2004 (Act No. 36 of 2004)

Chapter VIII : Market Abuse

Procedural matters

79. Jurisdiction

Purchase cart Previous page Return to chapter overview Next page

 

(1)Only a High Court or a regional court has jurisdiction to try any offence referred to in sections 73, 75 and 76 and to impose a penalty up to the maximum set out in section 115(a).

 

(2)For the purposes of subsection (1) and sections 77 and 81 a court of competent jurisdiction includes the court within whose jurisdiction the regulated market has its principal place of business or head office or in which any element of the dealing or offence occurred and it is not necessary to make any attachment to found or confirm jurisdiction.