Constitution of Urabba Parks/Section 86

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Indemnity

             (1)  Subject to this Division, Urabba Parks shall indemnify an indemnified person against any liability, loss or expense that:

                    (a)  is incurred in relation to the powers, functions and duties that attach to the indemnified person in relation to an entity in the of an entity in the legislative group of which Urabba Parks is Head;

                    (b)  is to a person other than:

                             (i)  Urabba Parks;

                            (ii)  an entity having foundation in Urabba Parks;

                           (iii)  a related body corporate of Urabba Parks or an entity having foundation in Urabba Parks;

                    (c)  does not arise out of conduct involving a lack of good faith;

                    (d)  is incurred in the successful outcome of:

                             (i)  the defence of legal proceedings (criminal or civil); or

                            (ii)  an application for relief under the Corporations Act 2001 of the Parliament of the Commonwealth; and

                    (e)  is not a liability, loss or expense for which a person is not entitled to indemnity under law.

Definition of indemnified person

            (2)  In this Division, indemnified person includes a person registered or formerly registered as the occupant of the following:

                    (a)  an administrative place (category A) that:

                             (i)  is also a titular place (category T); or

                            (ii)  is also a household place (category H) appointed in the name of the occupant of a category T place;

but only where no remuneration is payable in respect of the place from a member of the foundation influence group of which Urabba Parks is Head;

                    (b)  a representative place (category B) that falls under item 1 of the table in subsection 20(3) or falls in category R;

                    (c)  a senior management place (category G) that:

                             (i)  may be occupied by a person who was a director in the previous 90 days and who upon the cessation of office as a director also occupied a place falling category G, or a candidate in a general election for a representative place (category B) where the writs have not yet been returned;

                            (ii)  is also a corporate service place (category C), defence place (category F), law enforcement place (category O) or external service place (category X);

also falling under item 2 of the table in subsection 61(2) or falls in category R;

                    (d)  a judicial place (category J) or legal system place (category K) that falls under item 3 of the table in subsection 70(5) or falls in category R;

                    (e)  a municipal place (category L) that falls under item 6 of the table in section 111;

                     (f)  a committee of management place (category M):

                             (i)  removable by the relevant members of Urabba Parks;

                            (ii)  that is also a category H place; or

                           (iii)  appointed and removable by the occupant of a place in category A, H or G, or an internal body constituted wholly by persons falling in those categories;

                    (g)  an entity management place (category N):

                             (i)  that is also a category H or M place; or

                            (ii)  appointed and removable by the occupant of a place in category A, H, G, M or N; or

                           (iii)  appointed an internal body constituted wholly by occupants of places of categories falling in subparagraph (ii);

                    (h)  a parliamentary management place (category P) that falls under item 1 of the table in subsection 20(3) or falls in category R;

                     (i)  an independent governance place (category W) that falls under item 4 of the table in subsection 100(4) or falls in category R;

                     (j)  an assurance place (category Z) that falls under item 4 of the table in subsection 100(4) or falls in category R.

               

Application to jurisdictional divisions

            (3)  For the purposes of this section, a place only falls in category R if it also falls in item 5.d of the table in subsection 106(2).

Limitation of indemnity

             (4)  A law of Urabba Parks that has the effect of limiting indemnity payable in respect of a person that is lawful (but for the law) shall not be taken to limit such indemnity in relation to acts and omissions before the alteration, except in relation to a person who has voluntarily agreed to the limitation.