34
In forceLiability for losses incurred during administration
Part IITasmania Development and Resources
Division 6Appointment and powers of administrator
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.
This Act’s bill:Explanatory notesSecond reading speech
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