177Actions for damages

177 Actions for damages

(1) If: (a) a person (the claimant) suffers loss or damage because of conduct engaged in by another person; and (b) the conduct contravened subsection 176(1), (2), (3) or (4); the claimant may recover the amount of the loss or damage by action in the Federal Court or the Federal Circuit and Family Court of Australia against: (c) that other person; or (d) any person involved in the contravention. (2) An action under subsection (1) may be commenced at any time within 6 years after the day on which the cause of action that relates to the conduct accrued. (3) A reference in this section to a person involved in the contravention is a reference to a person who has: (a) aided, abetted, counselled or procured the contravention; or (b) induced the contravention, whether through threats or promises or otherwise; or (c) been in any way (directly or indirectly) knowingly concerned in or a party to the contravention; or (d) conspired with others to effect the contravention.