406
CurrentMaximum amount allowable
Chapter 3Conduct of legal practice
Part 3.5Fidelity cover
Division 6Determination of claims
406 Maximum amount allowable
(1)
The amount payable in relation to a default must not exceed the pecuniary loss resulting from the default.
(2)
This section does not apply to costs or interest payable under section 407 or 408.
This Act’s bill:Explanatory statementSecond reading speech
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