New South Wales Consolidated Acts

SUPERANNUATION ADMINISTRATION CORPORATION (PILLAR) (AUTHORISED TRANSACTION) ACT 2016 - SECT 30

30 Compensation not payable

(1) Compensation is not payable by or on behalf of the State:

(a) because of the enactment or operation of this Act, or for any consequence of that enactment or operation, or

(b) because of any statement or conduct relating to the enactment of this Act.

(2) This section does not extend to compensation payable under a transaction arrangement to a party to the transaction arrangement in connection with the performance of obligations under the transaction arrangement.

(3) In this section:

"compensation" includes damages or any other form of monetary compensation.

"conduct" includes any act or omission, whether unconscionable, misleading, deceptive or otherwise.

"operation of this Act" includes the operation of any notice or order under this Act and any agreement entered into under or for the purposes of this Act.

"statement" includes a representation of any kind:

(a) whether made verbally or in writing, and

(b) whether negligent, false, misleading or otherwise.

"the State" means the Crown within the meaning of the Crown Proceedings Act 1988 , and includes a public sector agency and an officer, employee or agent of the Crown or a public sector agency.