Power to bring enforcement proceedings under revoked byelaws
1. The Council may commence enforcement proceedings under this [Enforcement part of the Consolidated Requirements] against any person who was subject to Lloyd’s disciplinary jurisdiction prior to the revocation of the Misconduct and Penalties Byelaw (No. 30 of 1996) where it considers that person has committed misconduct within the meaning of any of the following byelaws –
(a) the Misconduct Penalties and Sanctions Byelaw (No. 5 of 1983);
(b) the Misconduct Penalties and Sanctions Byelaw (No. 9 of 1993);
(c) the Misconduct and Sanctions Byelaw (No. 30 of 1996).
2. The Council may commence enforcement proceedings under this [Enforcement part of the Consolidated Requirements] against any person that was subject to Lloyd’s disciplinary jurisdiction prior to the revocation of –
(a) the Restitution Orders Byelaw (No. 24 of 2000) where it considers that person has contravened a Lloyd’s Requirement within the meaning of that byelaw so as to make a profit for himself or so as to cause another person to suffer a loss or otherwise to be adversely affected by such contravention;
(b) the Fit and Proper Person Determination Byelaw (No. 23 of 2000).
3. Where the Council commences enforcement proceedings under [1. and 2. above], an Enforcement Committee may impose any penalty or sanction or make any order that would have been available under the revoked byelaw.