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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12GT

Contribution not recoverable from defendant

    A defendant against whom judgment is given under this Subdivision 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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