30
In forceIndemnity
Part 2Infrastructure Victoria
Division 3General provisions relating to Infrastructure Victoria
30 Indemnity
The powers of Infrastructure Victoria do not include a power to exempt, whether directly or indirectly, a director from, or to indemnify (whether by paying a premium in respect of a contract of insurance or otherwise) a director against, any liability that by law would otherwise attach to the director in respect of a wilful breach of duty or breach of trust of which the director may be guilty in relation to Infrastructure Victoria.
This Act’s bill:Explanatory memorandumSecond reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.