Protection of members of the Board

(1) No action, suit, prosecution or other proceeding shall be brought or instituted personally against any member of the Board in respect of any act done bona fide in pursuance or execution or intended execution of the Corporation’s functions under this or any other Act. (2) Where any member of the Board is exempt from liability by reason only of this section, the Corporation shall be liable to the extent it would be if the said member was an employee or agent of the Corporation.