(1) This section applies if the court is satisfied that a person (A) has, in relation to property,—
(a) contravened this Act; or
(b) committed an offence under this Act; or
(c) failed to comply with a notice under section 38 or section 39 or section 40 or section 41; or
(d) failed to comply with a condition of a consent or of an exemption.
(2) The court may, on the application of the regulator,—
(a) order the disposal of the property (whether by A or by some other person appointed by the court, for example, the regulator); and
(b) make any other order or give any direction that is necessary to give effect to an order under paragraph (a).
(3) In this section, property means—
(a) a right or interest in any security; or
(b) an interest in land; or
(c) an interest in fishing quota; or
(d) any other property or any rights or interests in any other property.