Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 981P

Compliance with requirements to provide data or other information to ASIC: protection from liability

    If:

  (a)   a financial services licensee, or a person acting on behalf of a financial services licensee:

  (i)   provides data or information to ASIC; or

  (ii)   otherwise allows ASIC access to data or information; and

  (b)   the licensee or person does so, in good faith, in compliance with a requirement imposed by or under a provision of the client money reporting rules;

the licensee or person is not liable to an action or other proceeding, whether civil or criminal, for or in relation to the conduct mentioned in paragraph   (a).



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