Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.11 - TITLE AND TRANSFER  

Division 3 - Transfer of Division 3 securities effected otherwise than through a prescribed CS facility  

REGULATION 7.11.20   JOINT AND SEVERAL WARRANTIES AND LIABILITIES  

7.11.20(1)   [ Warranties]  

If 2 or more persons are taken to have warranted in the terms mentioned in paragraphs 7.11.17(2) (a) and (b) or 7.11.17(3) (a) and (b), the persons are taken to have warranted jointly and severally.

7.11.20(2)   [ Liabilities]  

If 2 or more persons are liable as mentioned in paragraph 7.11.17(4) (b) or (c), or subregulation 7.11.19(3) or (4), the persons are liable jointly and severally.




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