26 Cognizance of offences by courts

Cognizance of offences by courts.

26. (1) No court shall take cognizance of any offence punishable under this Act or any rules or regulations made thereunder, save on a complaint made by the Board. 87[ ]

(2) No court inferior to that of 88[a Court of Session] shall try any offence punishable under this Act..(Omitted by The Securities Laws (Amendment) Act,2014 dated 22 August 2014)