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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12GBCE

Meaning of benefit derived and detriment avoided because of a contravention of a civil penalty provision

    The benefit derived and detriment avoided because of a contravention of a civil penalty provision is the sum of:

  (a)   the total value of all benefits obtained by one or more persons that are reasonably attributable to the contravention; and

  (b)   the total value of all detriments avoided by one or more persons that are reasonably attributable to the contravention.


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