Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.11 - TITLE AND TRANSFER  

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

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

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.