Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_1100a
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 1100A
Character Range: 796198–797251

1100A  Qualified privilege for information given to ASIC

 (1) A person has qualified privilege in respect of the giving of any information to ASIC that the person is required to give under this Chapter or regulations made for the purposes of this Chapter.

 (2) A person or body that is:
 (a) a market licensee; or
 (b) a CS facility licensee; or
 (c) a person acting under an arrangement to supervise a licensed market or licensed facility; or
 (d) a foreign person or body responsible for the supervision of the operation in a foreign country of a financial market or clearing and settlement facility;
also has qualified privilege in respect of the giving of any information to ASIC in connection with the performance or exercise of ASIC's functions or powers under, or in relation to, this Chapter or regulations made for the purposes of this Chapter.

 (3) A person or body that has qualified privilege under subsection (1) or (2) in respect of conduct is also not liable for any action based on breach of confidence in relation to that conduct.