Document ID: chunk:federal_register_of_legislation:C2025C00185:section:588n
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 588N
Character Range: 2065094–2065662

588N  Avoiding double recovery
  An amount recovered in proceedings under section 588M in relation to the incurring of a debt, or the disposition of property, by a company is to be taken into account in working out the amount (if any) recoverable in:
 (a) any other proceedings under that section in relation to the incurring of the debt or the disposition of the property; and
 (b) proceedings under section 596ACA in relation to a contravention of subsection 596AC(1), (2), (3) or (4) that is linked to the incurring of the debt or the disposition of the property.