Commonwealth Consolidated Acts

SUPERANNUATION ACT 1976 - SECT 27R

             (1)  Any matter or thing done, or omitted to be done, in good faith by:

                     (a)  a Trustee in the performance of functions under this Act; or

                     (b)  a delegate of the Board in the performance of functions under this Act;

does not subject him or her to any action, liability, claim or demand.

             (2)  Subsection (1) does not preclude the Board from being liable to any action, liability, claim or demand.

             (3)  Except in cases where the SIS Act does not so permit, any money becoming payable by the Board in respect of an action, liability, claim or demand in relation to this Act or the regulations is to be paid out of the Fund.

             (4)  If an amount is paid out of the Fund under subsection (3), an equivalent amount is to be paid to the Fund out of the Consolidated Revenue Fund, which is appropriated accordingly.