THE CORPORATIONS LAW
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 7 - SECURITIES
PART 7.3 - PARTICIPANTS IN THE SECURITIES INDUSTRY
Division 4 - Liability of principals for representatives' conduct
SECTION 820 PRESUMPTIONS ABOUT CERTAIN MATTERS 820(1) [Representative's conduct] Where it is proved, for the purposes of a proceeding in a court, that a person (in this subsection called the representative ) engaged in particular conduct, whether within or outside this jurisdiction, while the person was a representative of: (a) only one person (in this subsection called the indemnifying principal ); or (b) 2 or more persons (in this subsection called the indemnifying principals ); then, unless the contrary is proved for the purposes of the proceeding, it shall be presumed for those purposes that the representative engaged in the conduct as a representative of: (c) the indemnifying principal; or (d) as a representative of some person among the indemnifying principals; as the case may be.
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