Commonwealth Consolidated Acts

FINANCIAL REGULATOR ASSESSMENT AUTHORITY ACT 2021 - SECT 47

Members and staff members

  (1)   A member or a staff member (the protected person ) is not liable to civil proceedings for loss, damage or injury of any kind suffered by another person as a result of an act done or omitted to be done in good faith:

  (a)   in the performance or purported performance of any function or duty of the protected person or the Authority under or in relation to this Act; or

  (b)   in the exercise or purported exercise of any power of the protected person or the Authority under or in relation to this Act.

Consultants and contractors etc.

  (2)   A person mentioned in paragraph   (e), (f) or (g) of the definition of entrusted person in section   5 is not liable to civil proceedings for loss, damage or injury of any kind suffered by another person as a result of an act done or omitted to be done in good faith:

  (a)   in assisting in the performance or purported performance of any function or duty of the Authority under or in relation to this Act; or

  (b)   in assisting in the exercise or purported exercise of any power of the Authority under or in relation to this Act.

Members and staff of cooperating agencies

  (3)   An individual mentioned in subsection   20(5) is not liable to civil proceedings for loss, damage or injury of any kind suffered by another person as a result of any of the following acts done in good faith under, or purportedly under, subsection   20(2):

  (a)   giving the Authority information;

  (b)   producing a document to the Authority;

  (c)   answering a question asked by the Authority.