ASIC may apply to the Court for an order or orders under this section in relation to the person.

(2) On an application under subsection (1), the Court may make one or more of the following:

(a)

an order disqualifying the person, permanently or for a specified period, from holding:

(i)

a futures brokers licence;

(ii)

a futures advisers licence; or

(iii)

a futures brokers licence or a futures advisers licence;

whichever the order specifies;

(b)

an order prohibiting the person, permanently or for a specified period, from doing an act as:

(i)

a representative of a futures broker;

(ii)

a representative of a futures adviser; or

(iii)

a representative of a futures broker or of a futures adviser;

whichever the order specifies;

(c)

such other order as it thinks fit;