Acts Online
GT Shield

Insider Trading Act, 1998 (Act No. 135 of 1998)

15. Limitation of liability

 

 

Neither the Financial Services Board, the Directorate nor any officer, employee, representative or committee member of the Financial Services Board or the Directorate shall be liable for any loss sustained by or damage caused to any person as a result of anything done or omitted by the officer, employee, representative or committee member in the bona fide but not grossly negligent performance of any function in terms of this Act or the rules.