596AD

Avoiding double recovery

In force

An amount recovered in proceedings under section 596ACA in relation to a contravention of subsection 596AC(1), (2), (3) or (4) is to be taken into account in working out the amount (if any) recoverable in:

(a)

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

(b)

proceedings under section 588M in relation to the incurring of a debt, or the making of a disposition, that is linked to the contravention; and

(c)

proceedings under section 588ZA in relation to the entitlements to which the contravention relates; and

(d)

proceedings under section 1317H in relation to the contravention.

This Act’s bill:Explanatory memorandum Second reading speech

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