Statute
Section 1241ZC — Corporations Act 2001: Product intervention orders
Text of the provision Official document
If a contravention referred to in paragraph 1023Q(1)(a) is a contravention by a CCIV, subsection 1023Q(1) applies to authorise recovery by action against the CCIV’s corporate director instead of against the CCIV. Note: Subsection 1023Q(1) authorises a client to recover the amount of loss or damage suffered because of contraventions of a product intervention order.
Official source: Federal Register of Legislation
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