Section 1317GAC — Corporations Act 2001 (Cth)

(1) The amount payable under a relinquishment order is a debt payable to ASIC on behalf of the Commonwealth.

(2) ASIC or the Commonwealth may enforce a relinquishment order as if it were an order made in civil proceedings against the person to recover a debt due by the person. The debt arising from the order is taken to be a judgment debt.

Related sections

• s 1317G — Pecuniary penalty orders
• s 1317GAA — Civil enforcement of pecuniary penalty order
• s 1317GAB — Relinquishing the benefit derived and detriment avoided from contravening a civil penalty provision
• s 1317GAD — Meaning of benefit derived and detriment avoided—civil penalty provision
• s 1317GA — Refund orders—charging ongoing fee after termination of arrangement
• s 1317GB — Refund orders—contraventions of section 962R or 962S

Research how courts apply s 1317GAC

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