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StatuteCorporations Act 2001

Section 1317GAD — Corporations Act 2001: Meaning of benefit derived and detriment avoided—civil penalty provision

Text of the provision Official document

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.

Official source: Federal Register of Legislation

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