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I-14.01 - Derivatives Act

Section 129
Disposition versions

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129. If it considers it to be warranted in the public interest, the Authority may apply to the court for a declaration that a person has failed to comply with an obligation under this Act and an order directing the person to pay damages up to the amount of the injury caused to any other person.
The court may also impose punitive damages, or order the person to repay to another person the profits realized as a result of the non-compliance.
The application is filed in the district in which the residence or principal establishment of the person concerned is situated or, if the person has no residence or establishment in Québec, in the district of Montréal.
2008, c. 24, s. 129; I.N. 2016-01-01 (NCCP).
129. If it considers it to be warranted in the public interest, the Authority may, by motion, apply to the court for a declaration that a person has failed to comply with an obligation under this Act and an order directing the person to pay damages up to the amount of the injury caused to any other person.
The court may also impose punitive damages, or order the person to repay to another person the profits realized as a result of the non-compliance.
The motion is filed in the district in which the residence or principal establishment of the person concerned is situated or, if the person has no residence or establishment in Québec, in the district of Montréal.
2008, c. 24, s. 129.
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