National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 12 - MISCELLANEOUS  

Division 3 - General provisions  

192   Indemnities  

192(1)    
An indemnity for any liability under this Code is not void, and cannot be declared void, on the grounds of public policy, despite any rule of law to the contrary.

192(2)    
The liabilities to which this section applies include the following:


(a) a liability for any criminal or civil penalty incurred by any person under this Code;


(b) a payment in settlement of a liability or alleged liability under this Code;


(c) a liability under another indemnity for any liability under this Code.

192(3)    
This section is subject to subsection 191(2).

192(4)    
This section does not derogate from any other rights and remedies that exist apart from this section.

 

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