What it does
This Act (the James Hardie (Civil Liability) Act 2005, as reproduced in the supplied text) operates principally to alter the civil‑liability landscape connected with a set of corporate reorganisations, funding arrangements and historical asbestos matters involving James Hardie entities. Mechanically, the Act extinguishes specified civil liabilities, creates a statutory mechanism for those extinguished liabilities to be revived by ministerial order, and sets out a parallel contractual protection for the State where the Final Funding Agreement or Related Agreements require the State not to take certain legislative or regulatory action. The Act also transfers liability for certain asbestos claims connected with the Marlew Mining operation at Baryulgil onto Amaca and provides related procedural and recovery rules.
Key mechanical changes are these.
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Broad extinguishment: Division 2 (ss 9-13) extinguishes any civil liability to which Part 2 applies in relation to "protected conduct" (as defined in s 8) for a defined set of persons, including the liable entities (ABN 60, Amaba, Amaca), the Compensation Foundation, James Hardie Industries NV and controlled entities of James Hardie NV, and persons acting in an officer capacity for those bodies (s 9). Section 10 extends extinguishment to economic‑loss liabilities for asbestos harm for liable entities, James Hardie Industries NV and controlled entities, except where the economic loss arises from personal injury or death (s 10(1)-(3)). Timing rules are in s 11 and effect on the ability to bring proceedings is in s 12: extinguishment prevents asserting, continuing or enforcing causes of action and removes court jurisdiction to entertain such claims unless revived under Part 2 (s 12(a)-(b)).
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Definition of protected conduct: s 8 lists the particular categories of corporate or funding conduct protected, tying the statutory shield to matters described in the Jackson Inquiry Report and to the Heads of Agreement, Final Funding Agreement and Related Agreements (s 8(a)-(h)). That definition is central to what is extinguished.