Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.10 - MARKET MISCONDUCT AND OTHER PROHIBITED CONDUCT RELATING TO FINANCIAL PRODUCTS AND FINANCIAL SERVICES  

Division 3 - The insider trading prohibitions  

Subdivision B - The prohibited conduct  

SECTION 1043N   1043N   RELIEF FROM CIVIL LIABILITY  


In proceedings against a person under Part 9.4B (including under section 1317HA ) relating to a contravention of subsection 1043A(1) or (2) , the court may relieve the person wholly or partly from liability if it appears to the court that:


(a) in any case - the circumstances in any of the sections referred to in subsection 1043M(1) applied; or


(b) in the case of subsection 1043A(1) - the circumstance referred to in paragraph 1043M(2) (a) or (b) applied; or


(c) in the case of subsection 1043A(2) - the circumstance referred to in paragraph 1043M(3) (a) or (b) applied.


 

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