sec.42Indemnity

### sec.42 Indemnity Every director and every officer, employee or agent of the Corporation is indemnified and held harmless by the Corporation against all actions, proceedings, suits, claims or demands arising out of anything done by the director, officer, employee or agent for the purpose of carrying out or giving effect to this Act or done without negligence and in good faith purporting to act for the purposes of this Act except where the person has contravened or caused a contravention of a provision of this Act in so doing. Subsection (1) applies only for anything done before 1 October 1994. s 42 amd 1994 No. 38 s 3 sch ; 2007 No. 10 s 62 sch (sec.42-ssec.1) Every director and every officer, employee or agent of the Corporation is indemnified and held harmless by the Corporation against all actions, proceedings, suits, claims or demands arising out of anything done by the director, officer, employee or agent for the purpose of carrying out or giving effect to this Act or done without negligence and in good faith purporting to act for the purposes of this Act except where the person has contravened or caused a contravention of a provision of this Act in so doing. (sec.42-ssec.2) Subsection (1) applies only for anything done before 1 October 1994.