246Liability for damages

#### 246 Liability for damages (1) None of the following: (aa) the Minister; (a) the Commission; (b) the Advisory Committee; (c) a member of the Commission; (d) a member of the Advisory Committee; (e) a member of the Panel; (f) a person appointed for the purposes of the Australian Securities and Investments Commission Act 1989 or a prescribed law of the Commonwealth or of this or any other jurisdiction; (g) a staff member or a person who is, or is a member of, a Commission delegate or is authorised to perform or exercise a function or power of, or on behalf of, the Commission; (h) a member of the staff referred to in subsection 156(1), a person employed under subsection 156(3), a person engaged under subsection 157(1) or any of the officers, employees and persons who under section 158 are to assist the Advisory Committee; is liable to an action or other proceeding for damages for or in relation to an act done or omitted in good faith in performance or purported performance of any function, or in exercise or purported exercise of any power, conferred or expressed to be conferred by or under a national scheme law, section 12A or Division 2 of Part 2, or a prescribed law of the Commonwealth or of this or any other jurisdiction. (2) The protection from liability given by subsection (1) to the Minister applies only in respect of acts done, and omissions occurring, after the commencement of section 181 of the Corporate Law Reform Act 1992.