173Compensation for exercise of enforcement powers

173 Compensation for exercise of enforcement powers (1) A person may claim compensation from the Territory if the person suffers loss or expense because of the exercise, or purported exercise, of a function under this part by an authorised person. (2) Compensation may be claimed and ordered in a proceeding for— (a) compensation brought in a court of competent jurisdiction; or (b) an offence against this Act brought against the person making the claim for compensation. (3) A court may order the payment of reasonable compensation for the loss or expense only if satisfied it is just to make the order in the circumstances of the particular case. (4) A regulation may prescribe matters that may, must or must not be taken into account by the court in considering whether it is just to make the order.

General Division 11.1 Part 11 Complaints and occupational discipline Division 11.1 General 174 Who is a licensee?—pt 11 licensee— (a) means a licensee or former licensee; and (b) includes an influential person for a corporation that is a licensee or former licensee.