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Legislation
Companies Act 2006

Crossheading Miscellaneous and supplementary

  • Section 960 Panel as party to proceedings
  • Section 961 Exemption from liability in damages
  • Section 962 Privilege against self-incrimination
  • Section 963 Annual reports
  • Section 964 Amendments to Financial Services and Markets Act 2000
  • Section 965 Power to extend to Isle of Man and Channel Islands
  1. Miscellaneous and supplementary
  2. Exemption from liability in damages

Section 961 | Exemption from liability in damages

From legislation.gov.uk

(1)Neither the Panel, nor any person within subsection (2), is to be liable in damages for anything done (or omitted to be done) in, or in connection with, the discharge or purported discharge of the Panel's functions.

(2)A person is within this subsection if—

(a)he is (or is acting as) a member, officer or member of staff of the Panel, or

(b)he is a person authorised under section 947(5).

(3)Subsection (1) does not apply—

(a)if the act or omission is shown to have been in bad faith, or

(b)so as to prevent an award of damages in respect of the act or omission on the ground that it was unlawful as a result of section 6(1) of the Human Rights Act 1998 (c. 42) (acts of public authorities incompatible with Convention rights).

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