Commonwealth Consolidated Acts

FUTURE FUND ACT 2006 - SECT 67B

Compensation for damage suffered

  (1)   A relevant court may order a person to compensate the Board for damage suffered by the Board if:

  (a)   the person has contravened a civil penalty provision in this Act; and

  (b)   the damage resulted from the contravention.

The order must specify the amount of the compensation.

Damage includes profits

  (2)   In determining the damage suffered by the Board for the purposes of making a compensation order, include profits made by any person resulting from the contravention.

Recovery of damage

  (3)   A compensation order may be enforced as if it were a judgment of the court.

Who may apply for a compensation order

  (4)   An application for a compensation order may only be made by the following persons:

  (a)   the Finance Minister;

  (b)   some other person authorised in writing by the Finance Minister under this paragraph to make the application;

  (c)   the Board.