Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 17 June 2016 - onwards
  Version 3 of 3    

1218. Exemption from liability for damages

(1) No person within subsection (2) is to be liable in damages for anything done or omitted in the discharge or purported discharge of functions to which this subsection applies.

(2) The persons within this subsection are -

(a) any recognised supervisory body,

(b) any officer or employee of a recognised supervisory body, and

(c) any member of the governing body of a recognised supervisory body.

(3) Subsection (1) applies to the functions of a recognised supervisory body so far as relating to, or to matters arising out of, any of the following -

(a) rules, practices, powers and arrangements of the body to which the requirements of Part 2 of Schedule 10 apply;

(b) the obligations with which paragraph 20 of that Schedule requires the body to comply;

(c) any guidance issued by the body;

(d) the obligations imposed on the body by or by virtue of this Part or by or by virtue of the Statutory Auditors and Third Country Auditors Regulations 2016;

(e) the obligations imposed on the body by or b

Comparing proposed amendment...