(1) Subject to paragraph (2), neither the Irish Stock Exchange nor any person referred to in Regulation 6(2) shall be liable in damages by reason only of non-compliance with or contravention of any obligation imposed by or by virtue of these Regulations, nor shall the Exchange or that person be so liable in respect of anything done or omitted to be done by it or him or her in connection with the performance by the Exchange of its functions as competent authority.

(2) Paragraph (1) does not apply if the act or omission complained of was done or made in bad faith.

(3) No transaction shall be void or voidable by reason only of the fact that it was entered into in contravention of, or otherwise than in conformity with, these Regulations.