SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 156 Civil liability where subsection 155(2) contravened

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 156

  (1)   If:

  (a)   the trustee of a public offer entity contravenes subsection   155(2); and

  (b)   a person suffers loss or damage because of the contravention;

the person may recover the amount of the loss or damage by action against the trustee.

  (2)   The action must be begun within 6 years after the day on which the cause of action arose.