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MOTOR DEALERS ACT 1974 - SECT 41A
Recovery of money from directors
41A Recovery of money from directors
(1) Where the payment of an amount out of the Fund has been made as a
consequence of the act or omission of a person who is a body corporate,
including the payment of any amount to an administrator appointed under Part
5A of the affairs and property of the body corporate, the Director-General
may, without affecting the operation of section 41, recover, jointly or
severally, from any person who was a director or persons who were directors of
the body corporate at the time at which the act or omission occurred, the
amount of that payment as a debt in any court of competent jurisdiction.
(2)
In any proceedings for the recovery of an amount under subsection (1),
judgment shall not be entered against a defendant who proves that the act or
omission occurred without the defendant’s express or implied authority or
consent.
(3) Proceedings may be brought for the recovery of an amount under
subsection (1) whether or not the person against whom the proceedings are
brought, or any other person, has been convicted of an offence in respect of
the act or omission as a consequence of which the amount was paid.
(4) Where
subsection (1) renders a person or persons liable to pay an amount as a
consequence of the act or omission of a body corporate, the payment by the
person or either or any of those persons of the whole or any part of the
amount does not render the body corporate liable to the person concerned in
respect of the amount so paid.
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