Corporations Act 2001
CHAPTER 9
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MISCELLANEOUS
PART 9.4B
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CIVIL CONSEQUENCES OF CONTRAVENING CIVIL PENALTY PROVISIONS
Division 1
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The Court may make declarations of contravention, pecuniary penalty orders, relinquishment orders, refund orders and compensation orders
The amount payable under a relinquishment order is a debt payable to ASIC on behalf of the Commonwealth. 1317GAC(2)
ASIC or the Commonwealth may enforce a relinquishment order as if it were an order made in civil proceedings against the person to recover a debt due by the person. The debt arising from the order is taken to be a judgment debt.
SECTION 1317GAC
CIVIL ENFORCEMENT OF RELINQUISHMENT ORDER
1317GAC(1)
The amount payable under a relinquishment order is a debt payable to ASIC on behalf of the Commonwealth. 1317GAC(2)
ASIC or the Commonwealth may enforce a relinquishment order as if it were an order made in civil proceedings against the person to recover a debt due by the person. The debt arising from the order is taken to be a judgment debt.
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