CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 7 - SECURITIES
PART 7.10 - THE NATIONAL GUARANTEE FUND
Division 7A - Contraventions of SCH certificate cancellation provisions
History
Div 7A inserted by No 104 of 1994, Sch 2 (effective 15 July
1994).
SECTION 961H
PREVENTING DOUBLE RECOVERY
961H
If:
(a)
section
961D of the Corporations Law of another jurisdiction permits a person to make a claim in respect of a loss; and
(b)
SEGC allows the claim;
SEGC must not allow a claim that section
961D of the Corporations Law of this jurisdiction permits the person to make in respect of that loss.
History
S 961H inserted by No 104 of 1994, Sch 2 (effective 15 July 1994).