698ANo liability, right etc. arising from particular functions of authorised officer or Regulator

698A No liability, right etc. arising from particular functions of authorised officer or Regulator

698A No liability, right etc. arising from particular functions of authorised officer or Regulator

(1) This section applies in relation to anything done by the Regulator or a protected person in the exercise of—

(a) a function of an authorised officer under section 479(2); or

(b) a function of the Regulator under section 659(2)(ka).

(2) The doing of the thing does not, of itself, give rise to—

(a) a civil liability of the Regulator or protected person; or

(b) a right, expectation, duty or obligation that would not otherwise be conferred or imposed on a person in relation to whom the thing was done; or

(c) a defence that would not otherwise be available to a person in relation to whom the thing was done.

(3) However, subsection (2)(a) applies only to a thing done by the Regulator or a protected person in good faith.

Note—

See also section 698 in relation to civil liability for a thing done in good faith.

(4) A reference in this section to doing a thing includes a reference to omitting to do a thing.

(5) In this section—

protected person see section 698(3).

s 698A: Ins 2019 No 29, sec 34.