Compensation not payable in respect of business names transitional matters
15 Compensation not payable in respect of business names transitional matters
Compensation is not payable by or on behalf of:
the State or an authority of the State, or
an officer, employee or agent of the State,
for an act or omission that is a business names transitional matter or an act or omission that arises (directly or indirectly) from a business names transitional matter.
Subclause (1) applies only in respect of acts done or omitted to be done in good faith.
In this clause:
business names transitional matter means any of the following:
the provision of information to the Commonwealth, ASIC, any officer of the Commonwealth or ASIC or any other person for the purpose of assisting the Commonwealth and ASIC in establishing or maintaining the Commonwealth Register or of verifying the accuracy of information recorded in the State Register,
the giving of notices by or on behalf of the State for the purposes of the provisions of Schedule 1 to the Commonwealth Transitional Act,
a refusal by the Director-General to exercise a registration function as provided by clause 6,
the administration of this Act or the regulations,
the exercise of functions under this Act or the regulations.
compensation includes damages and any other form of monetary compensation.
This Act’s bill:Explanatory memorandumSecond reading speech
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