(1) Compensation is not payable by the State because of—
(a) the enactment or operation of this Act, or for any consequence of that enactment or operation; or
(b) any statement or conduct relating to the enactment of this Act.
(2) This section does not extend to compensation payable under a transaction arrangement in connection with the performance of obligations under the 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 order or direction under this Act and any agreement entered into under and 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 and includes a public sector entity and an officer, employee or agent of the Crown or a public sector entity.