29.
(1) No suit or prosecution shall lie-
| | (a) against the Institute for any act which in good faith is done or purported to be done, by the Institute under this Act; and | | |
| | (b) against any member of the Board, or any officer, servant or agent of the Institute for any act which in good faith is done, or purported to be done by him under this Act or on the direction of the Board. | | |
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(2) Any expense incurred by the Institute in any suit or prosecution brought by or against the. Institute before any Court shall be paid out of the Fund of the Institute, and any costs paid to, or recovered by, the Institute in any such suit or prosecution shall be credited to the Fund of the Institute. |
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(3) Any expense incurred by any such person as is referred to in paragraph (b) subsection (1) in any suit or prosecution brought against him before any court in respect of any act which is done or 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 fund of the Institute, unless such expense is recovered by him in such suit or prosecution. |
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