Power to bring enforcement proceedings
1. The Council may institute enforcement proceedings against any person subject to the enforcement jurisdiction that it considers has committed or intended to commit misconduct (“the defendant”) and may prescribe requirements –
(a) to govern the commencement, procedure and conduct of enforcement proceedings; and
(b) relating to the burden and standard of proof and to the admissibility of evidence in enforcement proceedings.
2. Enforcement proceedings shall constitute disciplinary proceedings for the purposes of Lloyd’s Acts 1871 to 1982.