Skills Development Act, 1998 (Act No. 97 of 1998)ConstitutionsConstitution of the Bank Sector Education and Training Authority (BANKSETA)19. Indemnities |
| 19.1 | In the exercise of its powers, the Councillors shall not be liable for any loss to the Authority or third parties from whatsoever cause arising, save and except where claims, demands and/or actions arise from or are caused by the personal willful bad faith or fraud of such Councillors. |
| 19.2 | The Authority shall be deemed to indemnify and hold each Council member harmless against all claims, demands and actions of whatsoever nature that may be made upon or brought against them, whether individually and/or jointly and severally, arising out of or in connection with the administration of the Authority, save and except where the claims, demands and/or actions are caused by the personal willful bad faith or fraud of such Council member. |