Section 50: Management of failing capital market operator.

(1) Where the Commission or an appointed person has assumed control of the business of a capital market operator pursuant to section 49 of this Act, the Commission or an appointed person shall remain in control of and continue to carry on the business of the capital market operator in the name and on behalf of the capital market operator until such time as:
(a) the Commission is satisfied that adequate provision has been made for the repayment of investors; or
(b) in the opinion of the Commission, it is no longer necessary for the Commission to remain in control of the business of the capital market operator.
(2) The cost and expenses of the Commission or the remuneration of an appointed person, as the case may be, shall be payable from the funds and properties of the capital market operator as a first charge on the funds of the capital market operator.