Financial Markets Act (Cap. 345), article 39K

39K. (1) Without prejudice to any of the powers conferred on it under this Act, the competent authority may, whenever it deems it necessary, give by notice in writ ing, such directives as it may deem appropriate in the circumstances; and any person to whom, or to which the notice is given shall obey, comply with and otherwise give effect to any such directive within the time and in the manner stated in the directive or subse quent directives. (2) The power to issue directiv es under this article shall also include the power to vary, alter , add to or withdraw any direct ive, as well as the power to issue subsequent new directives. 78 CAP. 345.] FINANCIAL MARKETS (3) Where the competent authority is satisfied that the circumstances so warrant, it may at any time make public any di rective it has given under a ny of the provisions of this article. Appointment of a special administrator. Added by: IX.2023.21. Cap. 371. S.L. 330.09.