Section 961N — Corporations Act 2001 (Cth)

(1) The Court dealing with an action under subsection 961M(2) may, in addition to awarding loss or damage under that subsection and if it thinks it necessary in order to do justice between the parties:

(a) make an order declaring void a contract entered into by the client for or relating to a financial product or a financial service; and

(b) if it makes an order under paragraph (a)—make such other order or orders as it thinks are necessary or desirable because of that order.

(2) Without limiting paragraph (1)(b), an order under that paragraph may include either or both of the following:

(a) an order for the return of money paid by a person;

(b) an order for the payment of an amount of interest specified in, or calculated in accordance with, the order.

Related sections

• s 961K — Civil penalty provision—sections 961B, 961G, 961H and 961J
• s 961L — Licensees must ensure compliance
• s 961M — Civil action for loss or damage
• s 961P — Meaning of responsible licensee
• s 961Q — Civil penalty provision—sections 961B, 961G, 961H and 961J
• s 962 — Application of this Division

Research how courts apply s 961N

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.