Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 596AD

Avoiding double recovery

An amount recovered in proceedings under section 596AC in relation to a contravention of section 596AB is to be taken into account in working out the amount (if any) recoverable in:

any other proceedings under that section in relation to the contravention; and

proceedings under section 588M in relation to the incurring of a debt that is linked to the contravention.

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