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Home/Legislation/Australian Securities and Investments Commission Act 2001/93F

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Australian Securities and Investments Commission Act 2001

93FMeaning of benefit derived and detriment avoided because of an offence

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93F Meaning of benefit derived and detriment avoided because of an offence

The benefit derived and detriment avoided because of an offence is the sum of: (a) the total value of all benefits obtained by one or more persons that are reasonably attributable to the commission of the offence; and (b) the total value of all detriments avoided by one or more persons that are reasonably attributable to the commission of the offence.

Previous section93EPenalty applicable to an offence committed by a body corporate

Next section93GWhere is the penalty for an offence specified?

Section 93F - Australian Securities and Investments Commission Act 2001 - Meaning of benefit derived and detriment avoided because of an offence | Zoe