Central Bank Reform Act 2010

Enforcement of certain prohibition notices.

44.— (1) Subject to subsection (2), if—

(a) a person performs a controlled function in contravention of a prohibition notice, or

(b) a regulated financial service provider permits a prohibited person to perform a controlled function in contravention of a prohibition notice,

the Head of Financial Regulation may apply ex parte to the Court for an order directing the person or regulated financial service provider to comply with the notice.

(2) This section does not apply in relation to a prohibition notice that has been confirmed by the Court under section 45 .