383
CurrentTime of default
Chapter 3Conduct of legal practice
Part 3.5Fidelity cover
Division 1Preliminary matters
383 Time of default
(1)
This section applies for the purpose of determining which jurisdiction's law applies in relation to a default.
(2)
The default is taken to have occurred when the act or omission giving rise to or constituting the default occurred.
(3)
An omission is taken to have occurred on the day on or by which the act not performed ought reasonably to have been performed or on such other day as is decided in accordance with the regulations.
Regulations
This provision refers to the regulations (the regulations
). Made under this Act:
This Act’s bill:Explanatory statementSecond reading speech
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