Protection from liability—directions
131FC Protection from liability—directions
An action, suit or proceeding (whether criminal or civil) does not lie against a person in relation to anything done, or omitted to be done, in good faith by the person if:
the person does the thing, or omits to do the thing, for the purpose of complying with a direction under this Act given by APRA to an RSE licensee, or a connected entity of an RSE licensee; and
it is reasonable for the person to do the thing, or to omit to do the thing, in order to achieve that purpose; and
the person is any of the following:
an officer of the RSE licensee, or of the connected entity of the RSE licensee;
an employee or agent of the RSE licensee, or of the connected entity of the RSE licensee.
In subsection (1):
employee:
of an RSE licensee, includes a person engaged to provide advice or services to the RSE licensee; or
of a connected entity of an RSE licensee, includes a person engaged to provide advice or services to the connected entity.
officer has the meaning given by section 9 of the Corporations Act 2001.
This Act’s bill:Second reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.