The order must specify the amount of compensation.
Note: An order may be made under this subsection whether or not a declaration of contravention has been made under section 1317E.
[CCH Note: S 1317HB(1) will be amended by No 25 of 2017, s 3, Sch 5, by inserting "or 981M(1) (complying with client money reporting rules)" after "subsection 798H(1) (complying with market integrity rules)" (effective 4 April 2018).]
Subsection (1) does not apply in relation to a contravention by the operator of a licensed market acting in that capacity.
1317HB(3)Damage includes profits.
In determining the damage suffered by a person or scheme for the purposes of making a compensation order, include profits made by any person resulting from the contravention.
1317HB(4)Damage to scheme includes diminution of value of scheme property.
In determining the damage suffered by a registered scheme for the purposes of making a compensation order, include any diminution in the value of the property of the scheme.
1317HB(5)Recovery of damage.
A compensation order may be enforced as if it were a judgment of the Court.