Victorian Consolidated Legislation

Financial Management Act 1994 - SECT 40C

Indemnity for directors

40C. Indemnity for directors

The Treasurer may, on behalf of the Government of Victoria, give an indemnity
to a person who is or has been an eligible director, on such terms and
conditions as the Treasurer determines, and, despite anything to the contrary
in any Act, against such liabilities as the Treasurer determines, being
liabilities that by law may attach to the person as an officer, or former
officer, of a statutory authority or State company.