Modified liability settings
Under the modified liability settings, no legal action other than criminal action, or action by ASIC, may be brought in relation to certain types of statements (‘protected statements’) made within a sustainability report or accompanying auditor’s report.
For guidance on the modified liability settings, including types of protected statements and their modified liability periods, see Section B of Regulatory Guide 280 Sustainability reporting (RG 280).
More information
For more information see Regulatory Guide 280 Sustainability reporting (RG 280).