Totalizator Agency Board Privatisation Act 1997
21Ministerial control of TAB Limited
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21 Ministerial control of TAB Limited
21 Ministerial control of TAB Limited
(1) The board of directors of TAB Limited is, in the exercise of its functions, subject to the control and direction of the Minister.
(2) Neither the enactment of this section nor the exercise of the Minister’s powers under this section constitutes a Minister as a director of TAB Limited or a person who participates in the management of TAB Limited.
(3) A director of TAB Limited is not personally liable in any civil or criminal proceedings (including proceedings for a breach of any duty under the Corporations Law) for anything done or omitted for the purpose only of complying with a direction of the Minister under this section.