Article 11 Indemnity insurance for members

The Authority may enter into, and pay premiums for, a contract of insurance to indemnify the members of the Authority jointly or severally against personal liability arising from any act or omission of the members of the Authority jointly or of a single member; not being an act or omission which the member or members in question knew to be a breach of their duty or, concerning which, the member or members were reckless as to whether it was such a breach.