Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Marketing, Advertising and Communication (MAC) Sector Charter

2. Constitution of the MAC SA

12. Indemnity and Liability

Purchase cart Previous page Return to chapter overview Next page

 

 

12.1Every member of the MAC SA shall be indemnified against personal claims made against that member, and in any losses and expenses incurred by that member in the execution of his/her duties of the work of the MAC Charter Council, except if acted in bad faith or negligence.

 

12.2No member of the MAC SA shall have any liability for any commitments undertaken by the MAC SA.