Acts and Regulations

2013, c.30 - Financial and Consumer Services Commission Act

Section 50
Disposition versions

Full text
Immunity
50(1)No action or other proceeding may be brought against any of the following persons for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of financial and consumer services legislation:
(a) the Commission;
(b) the chair or a former chair of the Commission;
(c) any other member or former member of the Commission;
(d) an employee or former employee of the Commission;
(d.1) the chair or a former chair of the board of directors of the New Brunswick Credit Union Deposit Insurance Corporation;
(d.2) any other member or former member of the board of directors of the New Brunswick Credit Union Deposit Insurance Corporation;
(d.3) an employee or former employee of the New Brunswick Credit Union Deposit Insurance Corporation;
(e) a person appointed under this Act; and
(f) a person acting under or who has acted under the authority of financial and consumer services legislation or the instructions of a person referred to in paragraph (a), (b), (c), (d) or (e).
50(2)A provision in financial and consumer services legislation immunizing any person from an action or other proceeding for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of that Act, which was valid and of full force and effect immediately before the commencement of this section, despite its repeal on the commencement of this section, continues to be valid and of full force and effect with respect to anything done or not done, or any neglect, which occurred before the commencement of this section.
2019, c.25, s.313; 2023, c.6, s.1
Immunity
50(1)No action or other proceeding may be brought against any of the following persons for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of financial and consumer services legislation:
(a) the Commission;
(b) the chair or a former chair of the Commission or Tribunal;
(c) any other member or former member of the Commission or Tribunal;
(d) an employee or former employee of the Commission;
(d.1) the chair or a former chair of the board of directors of the New Brunswick Credit Union Deposit Insurance Corporation;
(d.2) any other member or former member of the board of directors of the New Brunswick Credit Union Deposit Insurance Corporation;
(d.3) an employee or former employee of the New Brunswick Credit Union Deposit Insurance Corporation;
(e) a person appointed under this Act; and
(f) a person acting under or who has acted under the authority of financial and consumer services legislation or the instructions of a person referred to in paragraph (a), (b), (c), (d) or (e).
50(2)A provision in financial and consumer services legislation immunizing any person from an action or other proceeding for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of that Act, which was valid and of full force and effect immediately before the commencement of this section, despite its repeal on the commencement of this section, continues to be valid and of full force and effect with respect to anything done or not done, or any neglect, which occurred before the commencement of this section.
2019, c.25, s.313
Immunity
50(1)No action or other proceeding may be brought against any of the following persons for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of financial and consumer services legislation:
(a) the Commission;
(b) the chair or a former chair of the Commission or Tribunal;
(c) any other member or former member of the Commission or Tribunal;
(d) an employee or former employee of the Commission;
(e) a person appointed under this Act; and
(f) a person acting under or who has acted under the authority of financial and consumer services legislation or the instructions of a person referred to in paragraph (a), (b), (c), (d) or (e).
50(2)A provision in financial and consumer services legislation immunizing any person from an action or other proceeding for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of that Act, which was valid and of full force and effect immediately before the commencement of this section, despite its repeal on the commencement of this section, continues to be valid and of full force and effect with respect to anything done or not done, or any neglect, which occurred before the commencement of this section.
Immunity
50(1)No action or other proceeding may be brought against any of the following persons for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of financial and consumer services legislation:
(a) the Commission;
(b) the chair or a former chair of the Commission or Tribunal;
(c) any other member or former member of the Commission or Tribunal;
(d) an employee or former employee of the Commission;
(e) a person appointed under this Act; and
(f) a person acting under or who has acted under the authority of financial and consumer services legislation or the instructions of a person referred to in paragraph (a), (b), (c), (d) or (e).
50(2)A provision in financial and consumer services legislation immunizing any person from an action or other proceeding for anything done or not done, or for any neglect, in the performance or exercise, or the intended performance or exercise, in good faith of a power or duty under the authority of that Act, which was valid and of full force and effect immediately before the commencement of this section, despite its repeal on the commencement of this section, continues to be valid and of full force and effect with respect to anything done or not done, or any neglect, which occurred before the commencement of this section.