Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.5B - REGULATION OF FINANCIAL BENCHMARKS  

Division 3 - Financial benchmark rules and compelled financial benchmark rules  

Subdivision C - Compliance with each set of rules etc.  

SECTION 908CJ  

908CJ   PROTECTION FROM LIABILITY FOR COMPLIANCE IN GOOD FAITH  


If:


(a) a person (the protected person ):


(i) provides financial benchmark data, or other information, to another person; or

(ii) otherwise allows another person access to financial benchmark data, or other information; or

(iii) generates or administers in a particular way a significant financial benchmark specified in a benchmark administrator licence; and


(b) the protected person does so, in good faith, in compliance with a requirement imposed by the compelled financial benchmark rules;

the protected person is not liable to an action or other proceeding, whether civil or criminal, for or in relation to that conduct.


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