Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A judicial manager, or a person acting on behalf of a judicial manager, is not subject to any liability (whether civil or criminal) in respect of anything done, or omitted to be done, in the exercise or performance, or the purported exercise or performance, of powers, functions or duties conferred or imposed on the judicial manager by or under this Act.
(2) Subsection (1) does not apply to an act or omission in bad faith.
(3) A judicial manager is not liable under section 588G, 588GAB or 588GAC of the Corporations Act 2001 . This subsection does not limit the scope of subsection (1).
Signpost to secrecy obligations
(4) Part 6 of the Australian Prudential Regulation Authority Act 1998 prohibits certain disclosures of information received by judicial managers under this Act.