Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 1317GAD

Meaning of benefit derived and detriment avoided --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.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback