A corporate trustee's misappropriation of trust funds into its own operating account does not, without more, cause compensable loss to the trustee in its personal capacity — loss is caused only by the subsequent misapplication of those funds for non-corporate purposes, and the causal link between the auditors' alleged failures and that subsequent misapplication must be specifically pleaded. Involvement in a contravention of s 981B(1)(c) or s 981C(b) of the Corporations Act, or of s 180(1), does not ground a compensation order under s 1317H because those provisions are not corporation/scheme civil penalty provisions. Statutory accessorial liability claims under s 79(c) require the alleged knowledge and participation to exist at the time of the contravention, not after its completion.
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