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CORPORATIONS ACT 2001 - SECT 1317HE

Compensation orders--Passport Rules

  (1)   A Court may order a person (the liable person ) to compensate another person (other than a passport fund) for damage suffered by the other person if:

  (a)   the liable person has contravened subsection   1211B(1) or (2) (failure to comply with the Passport Rules for this jurisdiction); and

  (b)   the damage resulted from the contravention.

The order must specify the amount of compensation.

Note:   An order may be made under this subsection whether or not a declaration of contravention has been made under section   1317E.

  (2)   A Court may order a person to compensate a passport fund for damage suffered by the fund if:

  (a)   the person has contravened subsection   1211B(1) or (2) (failure to comply with the Passport Rules for this jurisdiction); and

  (b)   the damage resulted from the contravention.

The order must specify the amount of compensation.

Note:   An order may be made under this subsection whether or not a declaration of contravention has been made under section   1317E.

  (3)   In determining the damage suffered by a person or passport fund for the purposes of making a compensation order, include profits made by any person resulting from the contravention.

  (4)   In determining the damage suffered by a passport fund for the purposes of making a compensation order, include any diminution in value of the property of the fund.

  (5)   If the operator of a passport fund is ordered to compensate the fund, the operator must transfer the amount of the compensation to the fund property. If anyone else is ordered to compensate the fund, the operator may recover the compensation on behalf of the fund.

  (6)   A compensation order may be enforced as if it were a judgment of the Court.


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