Hong Kong Ordinances

SECURITIES AND FUTURES ORDINANCE - SECT 81

Immunity, etc

(1) Without limiting the generality of section 380(1), no civil liability,
whether arising in contract, tort, defamation, equity or otherwise, shall be
incurred by-

   (a)  a recognized investor compensation company; or

   (b)  any person acting on behalf of a recognized investor compensation
        company, including-

        (i)    any member of the board of directors of the company; or

        (ii)   any member of any committee established by the company, in
               respect of anything done or omitted to be done in good faith in
               the discharge or purported discharge of the duties to which
               this subsection applies.

(2) The duties to which subsection (1) applies are those-

   (a)  that relate to or arise out of a function that has been transferred to
        the recognized investor compensation company under section  80 ; or

   (b)  to which the company is subject under rules made under Part XII.