Section 41
ActIn forceProvision 41 of 92
Section 41
(1)
For the purposes of this Chapter, the Registrar shall not be taken to have been involved in the preparation of a prospectus or product disclosure statement or authorized or caused the issuance of a prospectus or product disclosure statement for any reason including when he performed his functions or exercised his powers under this
Act.
(2)
For the purposes of sections 39 and 40, a person shall not be deemed to have authorized or caused the issue of a prospectus or product disclosure statement by reason of—
(a)
him having given a consent as required under section 33;
or
(b)
his name being included in the prospectus as a trustee for interest holders, auditor, banker and advocate and solicitor.