Section 31: Indemnity.

(1) An officer of the Fund or a person appointed or authorised to perform any function under this Act, is not personally liable for any loss or damage arising out of any act done or omitted to be done in good faith under this Act, unless the damage or loss is due to the officer's negligence or failure to comply with the provisions of this Act.
(2) An officer of the Fund or a person appointed or authorised to perform any function under this Act shall be indemnified out of the Fund against any proceedings, where the act complained of is not ultra vires his powers.