Corporations Act 2001
If compensation in respect of a claim is paid under Part 7.5 arrangements, the relevant authority in relation to the arrangements is subrogated, to the extent of that payment, to all the claimant's rights and remedies in relation to the loss to which the claim relates.892F(2) [ Recovery of costs]
The relevant authority may also recover from the participant or participants who caused the loss the costs it incurred in determining the claim.
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