Recovering amounts from officers liable under s. 49
50 Recovering amounts from officers liable under s. 49
The amount that an officer is liable to pay under section 49 is recoverable as a debt due to the relevant authority in a court of competent jurisdiction.
A relevant authority is not entitled to recover amounts from the same person under both section 49(2) and (4) for the same loss.
In proceedings to recover an amount that an officer is liable to pay under section 49, the amount for which the officer is liable according to a determination under section 51 is prima facie evidence of the amount that he or she is liable to pay.
Section 49 does not affect a right of a relevant authority to recover an amount from an officer otherwise than under that section, but the relevant authority is not entitled to recover amounts under both section 49 and otherwise than under that section for the same loss.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.