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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 December 2001 - onwards
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30. Enforceability of agreements resulting from unlawful communications

(1) In this section -

"unlawful communication" means a communication in relation to which there has been a contravention of section 21(1);

"controlled agreement" means an agreement the making or performance of which by either party constitutes a controlled activity for the purposes of that section; and

"controlled investment" has the same meaning as in section 21.

    (2) If in consequence of an unlawful communication a person enters as a customer into a controlled agreement, it is unenforceable against him and he is entitled to recover -

    (a) any money or other property paid or transferred by him under the agreement; and

    (b) compensation for any loss sustained by him as a result of having parted with it.

    (3) If in consequence of an unlawful communication a person exercises any rights conferred by a controlled investment, no obligation to which he is subject as a result of exercising them is enforceable against him and he is entitled to recover -

    (a) any money or other property paid or tra

    Comparing proposed amendment...