Section 283DC — Corporations Act 2001 (Cth)

Indemnity

The trustee is not liable for anything done or omitted to be done in accordance with a direction given to it by the debenture holders at any meeting called under section 283EA, 283EB or 283EC.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 283CE — Offences for failure to comply with statutory duties
s 283DA — Trustee’s duties
s 283DB — Exemptions and indemnifications of trustee from liability
s 283EA — Borrower’s duty to call meeting
s 283EB — Trustee’s power to call meeting
s 283EC — Court may order meeting

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