Section 19

Indemnification of directors, etc. Repealed

The Shipping Development Fund Committee (Abolition) Act, 1986

  • Act 66 of 1986
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to abolish the Shipping Development Fund Committee constituted under the Merchant Shipping Act, 1958 and to provide for certain matters incidental thereto.

All sections
    Every director or administrator appointed under section 10 and the designated person appointed under section 16 shall be indemnified by the Central Government against all losses and expenses incurred by him in relation to the discharge of his duties, except such as are caused by his own wilful act or default.
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