364E
In forceCertain indemnities not authorised and certain documents void
Chapter 10Compliance and enforcement
Part 10ALiability of executive officers and adverse publicity orders
364E Certain indemnities not authorised and certain documents void
(1)
Section 364D does not authorise anything that would otherwise be unlawful.
(2)
Anything that purports to indemnify a person against a liability is void to the extent that it contravenes section 364D.
This Act’s bill:Explanatory memorandumSecond reading speech
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