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CORPORATIONS REGULATIONS 2001 - REG 5C.11.06 Liability of responsible entities (Act s 601FB(4))

CORPORATIONS REGULATIONS 2001 - REG 5C.11.06

Liability of responsible entities (Act s 601FB(4))

    In determining the liability under subsection   601FB(2) of the Act of the responsible entity of a registered scheme to the members of the scheme for an act or omission of an agent appointed by the entity under that subsection, the amount recovered under subsection   601FB(4) of the Act is to be disregarded.