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Limitation of Liability Scheme Notice

🔴 High UrgencyJustice · General Notice

Explains the application of a scheme to body corporates, officers, partners, and employees, limiting occupational liability for damages.

Details

Locations
Queensland
Amounts
$1,500,000 - monetary ceiling
$10,000,000 - annual fee income
$10,000,000 - monetary ceiling
Notice Date
24 December 2021

Notice Text

Section 20 and 21 of the Act provide that if the Scheme applies to a body corporate, the Scheme also applies to each officer of the body corporate and if the Scheme applies to a person, the Scheme also applies to each partner and employee of that person. The Scheme limits the Occupational Liability of a Participating Member for Damages arising from a single cause of action founded on an act or omission.

WA Government Gazette No. 220/2021 · 24 December 2021 · Page 13
View Gazette PDF - Page 13
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