(1) Subject to this section, jurisdiction is conferred on the Federal Circuit Court in relation to any matter arising under this Part or the Australian Consumer Law in respect of which a civil proceeding is instituted by a person other than the Commonwealth Minister.
(2) If proceedings under Part 3-5, or section 236, of the Australian Consumer Law are instituted in, or transferred to, the Federal Circuit Court, the Federal Circuit Court does not have jurisdiction to award an amount for loss or damage that exceeds:
(a) $750,000; or
(b) if another amount is specified in the regulations--that other amount.
Note: For transfers from the Federal Court to the Federal Circuit Court: see section 32AB of the Federal Court of Australia Act 1976 .