PRIV 9.1.1 Restitution Orders for Breach of Relevant Requirements

(1) A private person may apply to the QFC Court for a restitution order if the person suffers loss or damage as a result of a breach of a relevant requirement in relation to a scheme.

Note 1 This rule is made under Financial Services Regulations, art 65.

Note 2 Person, QFC Court, breach and relevant requirement are defined in the glossary.
(2) In this rule:

private person means—
(a) an individual, except when acting in the course of conducting any regulated activity; or
(b) any other person, except when acting in the course of conducting business of any kind.

Note Regulated activity is defined in the glossary.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)