Document ID: chunk:federal_register_of_legislation:C2025C00134:section:131fc
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 131FC
Character Range: 770365–771469

131FC  Protection from liability—directions
 (1) An action, suit or proceeding (whether criminal or civil) does not lie against a person in relation to anything done, or omitted to be done, in good faith by the person if:
 (a) the person does the thing, or omits to do the thing, for the purpose of complying with a direction under this Act given by APRA to an RSE licensee, or a connected entity of an RSE licensee; and
 (b) it is reasonable for the person to do the thing, or to omit to do the thing, in order to achieve that purpose; and
 (c) the person is any of the following:
 (i) an officer of the RSE licensee, or of the connected entity of the RSE licensee;
 (ii) an employee or agent of the RSE licensee, or of the connected entity of the RSE licensee.
 (2) In subsection (1):
employee:
 (a) of an RSE licensee, includes a person engaged to provide advice or services to the RSE licensee; or
 (b) of a connected entity of an RSE licensee, includes a person engaged to provide advice or services to the connected entity.
officer has the meaning given by section 9 of the Corporations Act 2001.