Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1317GAA

Civil enforcement of pecuniary penalty order

  (1)   A pecuniary penalty is a debt payable to ASIC on behalf of the Commonwealth.

  (2)   ASIC or the Commonwealth may enforce a pecuniary penalty 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.


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