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TASAct
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s 34

Liability for losses incurred during administration

In force
Part IITasmania Development and Resources
Division 4AAccounting records, financial statements and reports

34 Liability for losses incurred during administration

An administrator of TDR is not liable for any loss incurred by TDR during his term of office unless the loss was attributable to –

his wilful misconduct;

his gross negligence; or his wilful failure to comply with any provision of this Act.

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