Valid from 02/07/2012
86Immunity from damagesS
This section has no associated Explanatory Notes
(1)Neither an approved regulator nor any of its officers, members or employees is liable in damages for any act or omission occurring in the exercise (or purported exercise) of its functions under this Part.
(2)But subsection (1) is ineffective if it is shown that the act or omission was in bad faith.