(1) This section applies to a person -

(a) on whom any sanction has been imposed under section 33AQ, 33AR or 33AV of the Act of 1942,

(b) on whom any sanction has been imposed under:

(i) Regulation 99 of the Prospectus (Directive 2003/71/EC) Regulations 2005 (S.I. No. 324 of 2005),

(ii) Regulation 41 of the Market Abuse (Directive 2003/6/EC) Regulations 2005 (S.I. No. 342 of 2005), or

(iii) Regulation 67 of the Transparency (Directive 2004/109/EC) Regulations 2007 (S.I. No. 277 of 2007),

or,

(c) who has been convicted of an offence under financial services legislation.

(2) The High Court may, on the application of the Bank, make an order under subsection (3) in respect of a person to whom this section applies where the High Court is satisfied that as a result of the prescribed contravention or offence concerned -

(a) the person has been unjustly enriched, or

(b) one or more than one other person has suffered loss or other adverse effect.