Section 12GBD Australian Securities and Investments Commission Act
Indemnification of officers

published on

Division 2, subdivision G of the Australian Securities and Investments Commission Act 2001 contains enforcement and remedy provisions relating to unfair contract terms, unconscionable conduct and consumer protections relating to the provision of financial services and products.

These include offence provisions relating to consumer protections contained in subdivision D, pecuniary penalty orders (fines), provisions relating to criminal and civil proceedings, injunctions, the required state of mind (intention, knowledge, recklessness and negligence) and defences.

Section 12GBD is titled Indemnification of officers and forms part of that subdivision.

The section is extracted below.

For results-focused representation from a law firm that is vastly experienced in assisting clients with ASIC investigations and prosecutions, call Sydney Criminal Lawyers® today on (02) 9261 8881 and let our trusted, multi-award Corporate Crime and Compliance Lawyers help you.

The Legislation

Why Choose Sydney Criminal Lawyers®?

Going to Court? (02) 9261 8881

Menu

APPOINTMENT BOOKING

Preferred date for conference
Briefly describe your situation:
Do you have a court date?

Your Review & Rating
* mandatory fields

Review Text *
Rating (optional)