Irish Collective Asset-management Vehicles Act 2015

Supplementary High Court orders

172. In ordering that an ICAV be restored to the register of ICAVs under section 168 or 171, the High Court may do any of the following:

(a) except to the extent that the High Court makes an order under paragraph (c), give such directions as it thinks fit for placing the ICAV and all other persons as nearly as possible in the same position as if the ICAV had not been struck off the register of ICAVs;

(b) direct the ICAV to change its name if the name of the ICAV is too similar to the name of another ICAV already on the register of ICAVs;

(c) if and to the extent that it thinks fit, order that the officers of the ICAV, or any one or more of them as specified in the order, shall be liable for a debt or liability incurred by or on behalf of the ICAV during the period when it stood struck off the register of ICAVs;

(d) make any other order that it thinks fit.