As enactedVersion · As enacted
Regional Development Banks Act 1997 · As enacted · Part VI · General
40. Indemnity of directors &c
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Every Director, officer or other employee of the Bank shall be indemnified by the Bank against all losses and expenses incurred by him or in relation to the discharge of his duties, except such as are caused by his wilful act or default.