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 7.10 - 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.