Commonwealth Consolidated Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 298

Regulator may cause civil proceeding to be begun

    If, as a result of an investigation or from a record of an examination (being an investigation or examination conducted under this Part), it appears to the Regulator to be in the public interest for a person to begin and carry on a proceeding for:

  (a)   the recovery of damages for fraud, negligence, default, breach of duty, or other misconduct, committed in connection with a matter to which the investigation or examination related; or

  (b)   recovery of property of the person;

the Regulator:

  (c)   if the person is a body corporate--may cause; or

  (d)   otherwise--may, with the person's written consent, cause:

such a proceeding to be begun and carried on in the person's name.


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