Act Number: 66

Act Name: The Shipping Development Fund Committee (Abolition) Act, 1986

Year: 1986

Enactment Date: 1986-12-24

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

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 19: Indemnification of directors, etc.
    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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