Western Australian Consolidated Acts

ELECTRICITY CORPORATIONS ACT 2005 - SECT 192

192 .         Treasurer may give indemnity and guarantee

        (1)         The Treasurer may, in the name and on behalf of the State, give to —

            (a)         a person who is or has been a director or officer of Western Power Corporation or of a subsidiary of that corporation; or

            (b)         a member or alternate member of a committee referred to in section 145(3),

                an indemnity against liability or a guarantee of payment in respect of —

            (c)         the doing of anything, whether before or after the commencement day, that is required to achieve the purpose of this Part; or

            (d)         an omission to do anything, whether before or after the commencement day, if the omission is required to achieve the purpose of this Part.

        (2)         The payment of any money under an indemnity or guarantee given under this section is to be made by the Treasurer and charged to the Consolidated Account, which this section appropriates to the necessary extent.

        (3)         In subsection (1) —

        liability includes civil liability under the Corporations Act 2001 of the Commonwealth.

        [Section 192 amended by No. 77 of 2006 s. 4.]