4ALiability of officers and members of body corporate and others

4A Liability of officers and members of body corporate and others

4A Liability of officers and members of body corporate and others

(1) A matter or thing done, or omitted to be done, by:

(a) an officer or member of the governing body of the body corporate, or

(b) a person acting under the direction of such an officer or member,

does not subject the officer, member or person so acting personally to any action, liability, claim or demand if the matter or thing was done, or omitted to be done, in good faith for the purpose of executing this Act.

(2) Despite the other provisions of this Act, the liability of any member of the body corporate is limited to the amount of the annual fee, if any, paid or payable by the member for membership.

s 4A: Ins 1994 No 95, Sch 1.