Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf:
(a) a person contravenes the provisions of a prescribed CS facility's operating rules that deal with:
(i) the cancellation of documents of title to financial products transferred through the facility; and
(ii) matters incidental to the cancellation of those documents;
in relation to the transfer of a particular financial product through the facility; and
(b) the issuer of the financial product is not involved in the contravention;
the issuer is not liable to an action or other proceeding for damages in relation to the person's contravention.