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Section 19: Personal liability of officers and members of Council

Foundations Act · PART II: ESTABLISHMENT OF FOUNDATION

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

19. Personal liability of officers and members of Council (1) This section applies to every officer of a Foundation and member of a Council. (2) Nothing— (a) in the charter or Articles, if any; or (b) in a contract between a Foundation and a person to whom this section applies, shall relieve, release or excuse that person from any liability arising from any fraud, wilful misconduct or gross negligence committed by such person. PART III – NAME OF FOUNDATION

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