New South Wales Consolidated Acts

GOVERNMENT SECTOR FINANCE ACT 2018 - SECT 9.17

9.17 Amount of debt

(1) The amount of debt that a person handling government resources is liable to pay in respect of debt incurred under this Division is so much of the loss of government resources or related money concerned as the court considers just and equitable having regard to--

(a) the person's share of the responsibility for the loss, and

(b) the amount or value of the loss.

(2) The
"amount or value of the loss" is--

(a) for the loss of government money or related money--the amount of the loss, or

(b) for the loss of government property--the value of the property or the costs of repairing it (whichever is less).

(3) To avoid doubt, a gift of government property to which section 9.15 applies is to be treated as a loss of government property for the purposes of this section.