Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1074f
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1074F
Character Range: 4766260–4766952

1074F  Issuer protected from civil liability for person's contravention of prescribed CS facility's certificate cancellation rules
  If:
 (a) a person contravenes the provisions of a prescribed CS facility's operating rules that deal with:
 (i) the cancellation of documents of title to financial products transferred through the facility; and
 (ii) matters incidental to the cancellation of those documents;
  in relation to the transfer of a particular financial product through the facility; and
 (b) the issuer of the financial product is not involved in the contravention;
the issuer is not liable to an action or other proceeding for damages in relation to the person's contravention.