120Recovery of profits from officers

#### 120 Recovery of profits from officers 120 Recovery of profits from officers > > (1) If a person contravenes section 119, STC may recover from the person as a debt due to STC— > > > > > (a) if the person or another person made a profit because of the contravention—an amount equal to the profit, and > > > > > (b) if STC suffered loss or damage because of the contravention—an amount equal to the loss or damage. > > > (2) An amount may be recovered from the person under this section whether or not the person has been convicted of an offence in relation to the contravention. > > > (3) This section is in addition to, and does not limit, the [Confiscation of Proceeds of Crime Act 1989](/view/html/inforce/current/act-1989-090). > > **s 120:** Am 2005 No 91, Sch 2.2 \[12\] \[17\].