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Co-operatives National Law Application Act 2013
200Certain indemnities, exemptions, payments and agreements not (cf Corporations Act s 199C)
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200 Certain indemnities, exemptions, payments and agreements not (cf Corporations Act s 199C)
(1) Sections 198 and 199 do not authorise anything that would otherwise be unlawful.
(2) Anything that purports to indemnify or insure a person against a liability, or exempt them from a liability, is void to the extent that it contravenes section 198 or 199.