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

Chapter VIII : Market Abuse

Procedural matters

81. Attachments and interdicts
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(1)On application by the board, a court may order the attachment of assets or evidence to prevent their concealment, removal, dissipation or destruction.

 

(2)The board may institute any interdict or interlocutory proceedings against a person who made a profit or avoided a loss or whom the board reasonably believes may have made a profit or avoided a loss as contemplated in section 77.

 

(3)Such proceedings may include proceedings to obtain an interdict to prevent the disposal of assets or of evidence.