5.3B.11
CurrentProtection from liability
Chapter 5External administration
Part 5.3BRestructuring of a company
Division 2Restructuring
Subdivision BRestructuring practitioner for company under restructuring
5.3B.11 Protection from liability
A person who is or has been the restructuring practitioner for a company under restructuring is not subject to any liability to any person in respect of anything done, or omitted to be done, in good faith and without negligence in the exercise or performance, or the purported exercise or performance, of powers, functions or duties under the Act or these regulations relating to the restructuring of the company.
This Act’s bill:Explanatory statement
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