Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.11.33

Joint and several warranties and liabilities

  (1)   If 2 or more persons are taken to have warranted in the terms mentioned in subregulation   7.11.29(2), (4) or (6), the persons are taken to have warranted jointly and severally.

  (2)   If 2 or more persons are liable as mentioned in regulation   7.11.30, 7.11.31 or 7.11.32, the persons are liable jointly and severally.

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