CORPORATIONS ACT 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.4B - CIVIL CONSEQUENCES OF CONTRAVENING CIVIL PENALTY PROVISIONS  

Division 1 - The Court may make declarations of contravention, pecuniary penalty orders, relinquishment orders, refund orders and compensation orders  

SECTION 1317GAD   1317GAD   MEANING OF BENEFIT DERIVED AND DETRIMENT AVOIDED BECAUSE OF A CONTRAVENTION OF A CIVIL PENALTY PROVISION  


The benefit derived and detriment avoided because of a contravention of a civil penalty provision is the sum of:


(a) the total value of all benefits obtained by one or more persons that are reasonably attributable to the contravention; and


(b) the total value of all detriments avoided by one or more persons that are reasonably attributable to the contravention.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.