s. 15 concurred in or omitted to be done by him while a member of the Board, the Treasurer shall, if— (a) the act or omission formed part of a course S. 14(1)(a) amended by of conduct which the member or former No. 61/1996 member honestly and reasonably believed s. 45. the Board was by law required or authorized to pursue; and (b) in the case of an act done or omitted to be S. 14(1)(b) amended by done by the member or former member, the No. 61/1996 act or omission formed part of a course of s. 45. conduct which the member or former member honestly and reasonably believed the Board had required or authorized him to pursue on its behalf— indemnify him out of the Consolidated Fund (which is hereby to the necessary extent appropriated accordingly) to the full extent of his liability. (2) For the purposes of subsection (1), a belief may be held to have been honest and reasonable notwithstanding that it was wrong as to a matter of law. (3) The indemnity conferred upon a member or S. 14(3) amended by former member of the Board by subsection (1) is No. 61/1996 in addition to any indemnity to which he is s. 45. otherwise entitled by law. 15 Committees S. 15 amended by Nos 80/1988 (1) The Board may— s. 55(5)(a), 7/1992 (a) establish any committees it considers s. 3(b), necessary and define the constitution and substituted by No. 61/1996 functions of each committee so established; s. 46. (b) determine the procedure of each committee; (c) change the constitution or functions of a committee;
concurred in or omitted to be done by him while a member of the Board, the Treasurer shall, if— S. 14(1)(a) amended by No. 61/1996 s. 45. (a) the act or omission formed part of a course of conduct which the member or former member honestly and reasonably believed the Board was by law required or authorized to pursue; and S. 14(1)(b) amended by No. 61/1996 s. 45. (b) in the case of an act done or omitted to be done by the member or former member, the act or omission formed part of a course of conduct which the member or former member honestly and reasonably believed the Board had required or authorized him to pursue on its behalf— indemnify him out of the Consolidated Fund (which is hereby to the necessary extent appropriated accordingly) to the full extent of his liability. (2) For the purposes of subsection (1), a belief may be held to have been honest and reasonable notwithstanding that it was wrong as to a matter of law. S. 14(3) amended by No. 61/1996 s. 45. (3) The indemnity conferred upon a member or former member of the Board by subsection (1) is in addition to any indemnity to which he is otherwise entitled by law. S. 15 amended by Nos 80/1988 s. 55(5)(a), 7/1992 s. 3(b), substituted by No. 61/1996 s. 46. 15 Committees s. 15 (1) The Board may— (a) establish any committees it considers necessary and define the constitution and functions of each committee so established; (b) determine the procedure of each committee; (c) change the constitution or functions of a committee;
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