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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.11 - TITLE AND TRANSFER    View history reference

Division 4 - Transfer of financial products effected through prescribed CS facility    View history reference

SECTION 1074F  

1074F  ISSUER PROTECTED FROM CIVIL LIABILITY FOR PERSON'S CONTRAVENTION OF PRESCRIBED CS FACILITY'S CERTIFICATE CANCELLATION RULES  

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If:


(a) a person contravenes the certificate cancellation provisions of a prescribed CS facility in relation to the transfer of a particular financial product through the facility; and


(b) the issuer of the financial product is not involved in the contravention;

the issuer is not liable to an action or other proceeding for damages in relation to the person's contravention.


 



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