22.
| (1) No suit or prosecution shall lie against any , director, officer, servant or agent of the Bank for any act which in good faith is done or purported do be done, by him under this Act, or on the direction of the Board. |
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| (2) Any expenses incurred by the Bank in any suit or prosecution brought by or against the Bank before any court shall be paid out of the funds of the Bank and any costs paid to, or recovered by, the Bank in any such suit or prosecution shall be credited to the funds of the Bank. |
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| (3) Any expenses incurred by any such person as is referred to in subsection (1) in any suit or prosecution brought against him before any court in respect of any act which is done or is purported to be done by him under this Act or on the direction of the Board shall, if the court holds that such act was done in good faith, be paid out of the funds of the Bank, to such person, unless such expense is recovered by him in such suit or prosecution. |
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Sri Lanka Consolidated Acts