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WATER ACT 2000 - SECT 614 Water authority not to pay premiums for particular liabilities of officers

WATER ACT 2000 - SECT 614

Water authority not to pay premiums for particular liabilities of officers

614 Water authority not to pay premiums for particular liabilities of officers

(1) A water authority must not pay, or agree to pay, a premium for a contract insuring a person who is or has been an officer of the authority against a liability—
(a) incurred by the person as an officer of the authority; and
(b) arising out of a breach of conduct involving—
(i) a wilful breach of duty in relation to the authority; or
(ii) a contravention of section 585 (3) or (4) .
(2) Subsection (1) does not apply to a liability for costs and expenses incurred by a person in defending proceedings, whether civil or criminal, and whatever the outcome of the proceedings.
(3) An instrument is void to the extent it is inconsistent with subsection (1) .
(4) In this section—


"pay" includes pay indirectly through 1 or more interposed entities.