115. Expenses incurred to be paid out of the Management and Administration fund of the Authority

Any expense incurred by a member of the Board or any other officer or employee or agent of the Authority or such other former member, officer, employee or agent in any suit or prosecution brought against the Authority or such person before any Court, in respect of any act which has been committed by the Authority or such person in his official capacity under this Act or on the direction of the Authority, shall, if the Court holds that such act had been done in good faith, be paid out of the Management and Administration fund of the Authority.