Document ID: chunk:federal_register_of_legislation:C2024C00826:clause:1_124
Version: federal_register_of_legislation:C2024C00826
Segment Type: clause
Provision Reference: sch 1 cl 124
Character Range: 932837–933582

124  Civil effect of contraventions
 (1) If a credit provider or lessor contravenes a requirement of or made under this Code, the court may order the credit provider or lessor to make restitution or pay compensation to any person affected by the contravention and, in that event, may make any consequential order it considers appropriate in the circumstances.
 (2) An application for the exercise of the court's powers under this section may be made by:
 (a) a person affected by the contravention; or
 (b) ASIC on behalf of a person affected by the contravention, if the person has consented in writing to ASIC making the application; or
 (c) ASIC (on its own behalf).

Part 7—Related sale contracts

Division 1—Interpretation and application