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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.10 - MARKET MISCONDUCT AND OTHER PROHIBITED CONDUCT RELATING TO FINANCIAL PRODUCTS AND FINANCIAL SERVICES    View history reference

Division 2A - Proportionate liability for misleading and deceptive conduct  

SECTION 1041P  

1041P  CONTRIBUTION NOT RECOVERABLE FROM DEFENDANT  

A defendant against whom judgment is given under this Division as a concurrent wrongdoer in relation to an apportionable claim:


(a) cannot be required to contribute to any damages or contribution recovered from another concurrent wrongdoer in respect of the apportionable claim (whether or not the damages or contribution are recovered in the same proceedings in which judgment is given against the defendant); and


(b) cannot be required to indemnify any such wrongdoer.


 



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