Clause 11

The Corporation may enter into such contracts as are necessary for the discharge of its objects and to regulate the transactions of all its business in accordance with this Act.

No matter or thing done and no contract of any kind entered into by the Corporation and no matter or thing done by any member of the Corporation or by any employee thereof or any other person whomsoever acting under the direction of the Corporation shall, if the matter or thing was done or the contract was entered into bona fide for the purpose of executing the provisions of this Act, subject any such member or employee or any person acting under the direction of the Corporation personally to any action, liability, claim or demand whatsoever in respect thereof.

Any expense incurred by the Corporation or any member, employee or other person so acting under the direction of the Corporation in respect of the provisions of subsection (2) of this section, shall be borne by and repaid out of the funds of the Corporation.