Singapore legislation
Section 46ZA
Section 46ZA
Immunity from criminal or civil liability
(1)
No criminal or civil liability shall be incurred by a licensed trade repository, or by any person specified in subsection (2), for any thing done (including any statement made) or omitted to be done with reasonable care and in good faith in the course of, or in connection with, the discharge or purported discharge of the obligations of the licensed trade repository under this Act or under the business rules of the licensed trade repository.
(2)
For the purposes of subsection (1), the specified person is any person acting on behalf of the licensed trade repository, including —
any director of the licensed trade repository; or
any member of any committee established by the licensed trade repository.