Commonwealth Consolidated Acts

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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 197

Protection of members etc.

  (1)   A member has, in the performance or exercise of any of his or her functions and powers as a member in relation to Takeovers Panel proceedings, the same protection and immunity as a Justice of the High Court.

  (3)   Subject to this Act, a person who is required by a summons under section   192 to appear in Takeovers Panel proceedings, or a witness in Takeovers Panel proceedings, has the same protection as a witness in a proceeding in the High Court.


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