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V-1.1 - Securities Act

Section 228
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228. Every person using privileged information contrary to section 187, 189, 189.1 or 190 is also accountable for the benefit accruing to him from the prohibited transactions, after repairing the harm caused, to the following persons:
(1)  the issuer of the securities concerned, in the case of an offence under section 187, 189 or 189.1;
(2)  the investment fund or the client for whom the portfolio is managed, in the case of an offence under section 190.
1982, c. 48, s. 228; 1984, c. 41, s. 56; 2006, c. 50, s. 75.
228. Every person using privileged information contrary to section 187, 189, 189.1 or 190 is also accountable for the benefit accruing to him from the prohibited transactions, after repairing the harm caused, to the following persons:
(1)  the issuer of the securities concerned, in the case of an offence under section 187, 189 or 189.1;
(2)  the mutual fund or the client for whom the portfolio is managed, in the case of an offence under section 190.
1982, c. 48, s. 228; 1984, c. 41, s. 56.
228. Every person using privileged information contrary to section 187 or 190 is also accountable for the benefit accruing to him from the prohibited transaction, after repairing the harm caused, to the following persons:
(1)  the issuer of the securities concerned, in the case of an offence under section 187;
(2)  the mutual fund or the client for whom the portfolio is managed, in the case of an offence under section 190.
1982, c. 48, s. 228.
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