AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12GBCD Civil enforcement of relinquishment order
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12GBCD
Civil enforcement of relinquishment order(1) The amount payable under a relinquishment order is a debt payable to ASIC on behalf of the Commonwealth.
(2) ASIC or the Commonwealth may enforce a relinquishment order
as if it were an order made in civil proceedings against the person to recover
a debt due by the person. The debt arising from the order is taken to be a
judgment debt.