58Compensation not payable

58 Compensation not payable

(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.