[67G Indemnification of authorised persons]

[67G  Indemnification of authorised persons]

[(1)     “Indemnifiable amounts”, in relation to an authorised person, means—

(a)     costs which the person reasonably incurs in or in connection with proceedings in respect of anything done or omitted to be done in the exercise (or purported exercise) of the person's duty as an authorised person,

(b)     costs which the person reasonably incurs in taking steps to dispute a claim which might be made in such proceedings,

(c)     damages awarded against the person or costs ordered to be paid by the person in such proceedings,

Powered by Lexis+®

Popular documents