Corporations Act 2001
View history note
Hide history noteThe amount payable under a relinquishment order is a debt payable to ASIC on behalf of the Commonwealth.
1317GAC(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.
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