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 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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