(1) Where the Court is satisfied that:

(a)

there are reasonable grounds for believing that:

(i)

there is a deficiency in an account that is, or has at any time been, a clients' segregated account of a person; and

(ii)

the person was, when the deficiency occurred, a futures broker or a member of a futures organisation; or

(b)

there has been, at a time when a person was a futures broker or a member of a futures organisation, undue delay, or unreasonable refusal, on the person's part in paying, applying or accounting for money as required by this Chapter; or

(c)

a person has, at a time when the person was a futures broker or a member of a futures organisation, failed to pay money into a clients' segregated account of the person as required by this Chapter; or

(d)

a person who is, or has at any time been, a futures broker or a member of a futures organisation, is carrying on, or last carried on, as the case requires, a futures broking business otherwise than in partnership and:

(i)

in any case—the last futures brokers licence held by the person has been revoked or suspended; or

(ii)

in any case—the person no longer carries on a futures broking business; or

(iii)

if the person is a natural person—the person has died, or is incapable, because of physical or mental incapacity, of managing his or her affairs;